Overview

SERVICES PRODUCER PRICE INDEX (2010=100)

FIRST QUARTER 2025

• The SPPI continued its upward trend, rising by 0.6 per cent in the first quarter of 2025, as compared to 0.5 per cent in the previous quarter.
• The Arts, entertainment & recreation index increased by 6.6 per cent as compared to a 6.1 per cent rise in the previous quarter, driven by Other amusement & recreation activities (2.1%). Meanwhile, the Accommodation and food & beverage service activities index continued to increase by 3.6 per cent (Q4 2024: 3.1%), supported by increases in Restaurants and mobile food service activities (4.0%) and Beverage service activities (3.1%) indices. Other indices also recorded increases including Education (1.2%), Health (0.6%), Professional (0.5%) and Real estate activities (0.1%).
• Conversely, the Transportation index recorded a decline of 3.1 per cent (Q4 2024: -2.4%), mainly due to the Passenger air transport index (-12.4%). Additionally, the Information & communication index recorded a decrease by 0.2 per cent, influenced by a decline in the Wireless telecommunications activities (-0.1%).
• On a quarter-on-quarter basis, SPPI increased by 0.3 per cent, maintaining the same rate as in the previous quarter. The increase was primarily driven by the Accommodation and food & beverage service activities index, which rose by 1.0 per cent, followed by Education and Arts, Entertainment & Recreation indices, each recording a 0.7 percent increase. Other indices that showed an increase were Real estate activities (0.4%), Health (0.3%), Professional (0.2%) and Transportation (0.1%). Meanwhile, the Information & communication index remained unchanged.

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