Low Annual Rate of SPPI

Net sector aggregates of selected services producer prices annual inflation rose by 1.7% in Q1 2012 compared with 1.8% in Q4 2011. It is the lowest annual rate since Q1 2010. Between Q4 2011 and Q1 2012 the rate was 0.4%. The increase reflects increases in prices for publishing services and advertising placement. Price decreases in hotels and property rentals partially offset the increases.