Output prices for services have increased by 0.9 %
In the second quarter of 2018, output prices for services have increased by 0.9 % compared to the same quarter the year before.
The sharpest price increases have been registered in the sectors "passenger air transport" (+11.5 %) and "sea and coastal freight water transport" (+6.4 %).
|1st quarter||2nd quarter||3th quarter||4th quarter||Year|
|Services - Total*|
|*: estimates until the first quarter of 2013|
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
Results available 3 months after the reference period