Wednesday 27 May 2015 @ 14:15
Office for National Statistics
Office for National Statistics
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Services Producer Price Indices, Quarter 1 2015
Main Points
- The price of services sold by UK companies, as estimated by the aggregate Services Producer Price Index (SPPI), increased 0.6% in the year to quarter 1 of 2015, compared with an increase of 0.4% in the year to quarter 4 of 2014
- Between quarter 4 of 2014 and quarter 1 of 2015 the aggregate SPPI rose by 0.2%, compared with no movement between quarter 3 and 4
- Accommodation and food, and transportation and storage provided the greatest upward contributions to the annual rate of inflation. This was partially offset by a fall in prices for water supply, sewerage and waste management services
- Accommodation and food showed the largest rise in prices with prices increasing by 4.2% in the year to quarter 1 of 2015
- Water supply, sewerage and waste management services showed the largest fall in prices decreasing by 6.2% in the year to quarter 1 of 2015
Get all the tables for this publication in the data section of this publication.