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Service producer prices

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Statistics Portugal

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The Service Producer Price Index (SPPI) tracks quarterly changes in output prices of services.

23 June 2025

The service prices that are considered in the calculation of the SPPI are net of discounts, exclusive of VAT and reflect a quarter’s average.

Reporting and observation units are enterprises, except for Telecommunications (J61), where the reporting unit is the supervision body of the sector.

The population of interest consists of all enterprises whose main activity falls into one of the NACE aggregations covered by the SPPI (see 3.3 above).

Produced SPPIs cover the whole country.

The reference period of the SPPIs is the quarter of a year.

The overall accuracy of the SPPI is difficult to assess, as many data sources are combined.

For divisions where data is collected via a questionnaire sent to a sample of companies, the samples are designed with the cut-off method. Sampling errors are not currently measured.

Indices, which are based on ratios of prices expressed in euros.

The SPPIs are compiled as Laspeyres index (higher-level aggregation formula), whose base year is changed every five years. Turnover figures, are taken from the Simplified Business Information (SBI) data reporting system. Turnover figures are used as weights for the aggregation of enterprises. The SBI data reporting system is compulsory to all businesses operating in Portugal, and it is continuously updated.

The SPPIs are based on administrative data sources, email and direct enquiries to enterprises.

Quarterly.

As a rule, the SPPIs are produced not later than three months after the end of the reference quarter.

The Portuguese SPPIs do not have a regional disaggregation. Coherence across the different European countries producing this dataset is ensured by EBS Regulations.

The SPPIs are comparable over time.