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Services producer price indices, Slovenia, 4th quarter 2011 - final data

Friday, March 16, 2012, First Release
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In the 4th quarter of 2011, services producer prices increased on average by 0.1% at the quarterly level and by 0.6% at the annual level.

In the 4th quarter of 2011 services producer prices 0.1% higher than in the previous quarter

Compared to the 3rd quarter of 2011, in the 4th quarter of 2011 services producer prices were higher on average by 0.1%.

Service prices rose the most in advertising and market research (by 1.1%). Prices also rose in the following activities: computer programming, consultancy and related activities, telecommunications (in each by 0.6%), publishing activities, cleaning activities (in each by 0.5%), employment activities, cargo handling, and warehousing and storage (in each by 0.1%).

The decrease in service prices was noticeable in sea and coastal water transport (by 5.9%), and air transport (by 2.0%).


In the 4th quarter of 2011 services producer prices 0.6% higher than a year before

From the 4th quarter of 2010 to the 4th quarter of 2011 services producer prices increased on average by 0.6%.

The growth in service prices was noticed within activities such as warehousing and storage (by 5.9%), other postal and courier activities (by 4.2%), publishing activities (by 2.5%), freight transport by road and removal services (by 2.4%), cargo handling (by 2.1%).

In one year service prices decreased in four activities, the most in sea and coastal water transport (by 16.3%). The decrease in prices was smaller in architectural and engineering activities; technical testing and analysis (by 1.9%), data processing, hosting and related activities; web portals (by 1.4%), and legal, accounting and management consultancy activities (by 0.6%).


Average annual growth rates of services producer prices in the 2007-2011 period

In the last five years services producer prices have been constantly growing; however, the intensity of growth has decreased throughout the years. Namely, in 2007 the average price growth was 3.8%, while in 2010 it was only 0.01%. In 2010 the service prices again started to increase more rapidly (by 0.4%).

SECTION H (TRANSPORTATION AND STORAGE SERVICE)
After the period of rising service prices in the 2007-2008 period, the activity of transportation and storage experienced a price fall in 2009 (by 0.8%). Services producer prices started to increase again in 2011, when a 2.3% growth was recorded.

SECTION J (INFORMATION AND COMMUNICATION SERVICES)
Of all observed activities in the service sector information and communication activities experienced the most stable prices. Negative trends in prices can be observed in 2007 (by 0.5%) and in 2011 (by 1.0%), while in the interim period services producer prices showed around 1% growth.

SECTION M (PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES)
After high growth in services producer prices in professional, scientific and technical activities in 2007 (by 7.0%) and in 2008 (by 5.2%), the prices started to stagnate. The first price fall was recorded in 2010 (by 1.7%) and the second in 2011 (by 1.1%).

SECTION N (ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITES)
In the 2007-2008 period, services producer prices in employment activities, security and investigation activities and cleaning activities increased by around 7% annually. In the next three years lower service price growth was recorded - average annual price growth was 1.7%.

Table 1: Services producer price indices, Slovenia, 4th quarter 2011
X-XII 11
VII-IX 11
X-XII 11
X-XII 10
I-XII 11
I-XII 10
X-XII 11
Ø 06  
Services producer price indices - TOTAL100.1100.6100.4108.45
H49.4 Freight transport by road and removal services100.0102.4103.0109.01
H50.1+H50.2 Sea and coastal water transport94.183.785.7120.02
H51 Air transport98.0100.6104.0115.55
H52.1 Warehousing and storage100.1105.9105.2109.42
H52.24 Cargo handling100.1102.1101.7111.14
H53.1 Postal activities under universal service obligationzzzz
H53.2 Other postal and courier activities100.0104.2104.1123.96
J58 Publishing activities100.5102.5102.4111.43
J61 Telecommunications100.6101.398.993.76
J62 Computer programming, consultancy and related activities100.6100.099.9114.25
J63.1 Data processing, hosting and related activities; web portals 98.898.6100.0108.20
J63.9 Other information service activities100.0100.2100.1104.91
M69+M70.2 Legal, accounting and management consultancy activities100.099.499.8110.91
M71 Architectural and engineering activities; technical testing and analysis99.798.197.9107.35
M73 Advertising and market research101.1101.4100.8120.91
N78 Employment activities100.1100.9100.5115.24
N80 Security and investigation activities99.9100.6101.2123.64
N81.2 Cleaning activities100.5101.9101.6121.48
z confidential
Source: SORS
Chart 1: Quarterly growth rates of services producer prices, Slovenia, 4th quarter 2009 - 4th quarter 2011
Chart 1: Quarterly growth rates of services producer prices, Slovenia, 4<sup>th</sup> quarter 2009 - 4<sup>th</sup> quarter 2011
Source: SORS
Chart 2: Average annual growth rates of services producer prices, Slovenia, 2007-2011
Chart 2: Average annual growth rates of services producer prices, Slovenia, 2007-2011 Source: SORS
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Next release:
Friday, December 12, 2014
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