Services Producer Price Index

Overview

SERVICES PRODUCER PRICE INDEX (2010=100)

FIRST QUARTER 2026

 

  • The SPPI increased by 2.1 per cent in the first quarter of 2026, up from 1.0 per cent in the previous quarter.
  • The Accommodation and food & beverage service activities index rose by 5.7 per cent, following a 3.1 per cent in the previous quarter. This increase was driven by increases in the Restaurant and mobile food service activities index (5.2%) and Beverage service activities (3.1%). The Transportation index increased by 3.8 per cent, up from 2.2 per cent in the previous quarter, mainly due to a 6.4 per cent rise in the Passenger Air Transport index. The Education also recorded an increase of 1.9 per cent, compared to a 1.5 per cent increase in the previous quarter, supported by Secondary Education (1.7%) and Higher Education (1.5%). Other indices that registered increases were Arts, entertainment & recreation (1.6%), Health (1.5%), Professional (1.0%) and Real estate activities (0.6%).
  • Meanwhile, the Information & communication index recorded a marginal increase of 0.1 per cent, rebounding from a 0.1 per cent decline in the fourth quarter of 2025, due to the Computer programming, consultancy and related activities index (0.8%).
  • On a quarter-on-quarter basis, the SPPI increased by 1.4 per cent, from a 0.3 per cent increase in the previous quarter. This increase was mainly contributed by Arts, entertainment & recreation index (6.3%) and Accommodation and food & beverage service activities (3.5%). Other contributing sectors included were Transportation (1.6%), Education (1.1%), Health (1.0%) and Professional (0.8%). Meanwhile, Real estate activities and Information & communication indices recorded marginal increases of 0.4 per cent and 0.2 per cent, respectively.
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