Services producer price index (experimental) – second quarter 2008

Ian Richardson
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Ian Richardson: Office for National Statistics

Economic & Labour Market Review, 2008, vol. 2, issue 10, 57-59

Abstract: Illustrates the effect some industries are having on the aggregate indicator measuring movements in prices charged for servicesThis article shows the effects someindustries are having on the top-levelexperimental services producer priceindex (SPPI). It continues the quarterlyfeature previously published in EconomicTrends. The SPPI measures movementsin prices charged for services suppliedby businesses to other businesses and tolocal and national government. The dataproduced are used internally by the Offi cefor National Statistics as a defl ator forthe Index of Services and the quarterlymeasurement of gross domestic product.The index is also used by HM Treasuryand the Bank of England to help monitorinfl ation in the economy. Economic & Labour Market Review (2008) 2, 57–59; doi:10.1057/elmr.2008.156

Date: 2008
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