Service price indices

Output prices increase by 2.4 % in the services sector

Economic indicators
Output prices increase by 2.4 % in the services sector

In the fourth quarter of 2018, output prices for services have increased by 2.4 % compared to the same quarter the year before.

The sectors with the largest upward effect on this increase are:

Nace 4940 - Carriage of goods by road

Nace 6200 - Computer programming, consultancy and related activities

Nace 5020 - Sea and coastal freight water transport

NACE 6100 - Telecommunication contributed negatively to inflation.

Service price indices
Content
  1st quarter 2nd quarter 3th quarter 4th quarter Year
Services - Total*
2006 100,6 100,3 101,1 101,0 100,8
2007 101,2 102,2 102,8 104,5 102,7
2008 103,2 105,1 104,7 100,0 103,3
2009 99,0 99,3 99,7 99,6 99,4
2010 99,2 99,9 100,2 100,6 100,0
2011 100,9 100,7 101,8 102,2 101,4
2012 102,2 102,2 102,3 102,7 102,4
2013 102,0 101,8 103,1 103,9 102,7
2014 102,3 101,6 101,9 101,3 101,8
2015 100,6 101,1 101,6 101,4 101,2
2016 101,5 102,2 102,6 103,2 102,4
2017 103,5 103,7 104,0 103,9 103,8
2018 104,1 104,6 105,9 106,4 105,3
*: estimates until the first quarter of 2013
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Purpose and brief description

As the sector of services is steadily gaining importance compared to the sector of industry, an output price index for services was added to the European Regulation concerning short-term statistics. This new index will be calculated on a quarterly basis by Statistics Belgium.

The output price index for services is currently measuring the change in prices with services companies from such branches as transport, information services and telecommunication. The field will be extended progressively, eventually to cover almost the full economic range of the services sector

Population

Enterprises

Frequency

Quarterly.

Timing publication

Results available 3 months after the reference period

Metadata