Inflation in the services industry reached 56 percent Statistics Center: This summer the producer price index for the service industries stood at 632.6, which is 16.4% higher than the previous season, 67.5% higher than the corresponding season last year (point-to-point inflation), and 55.9% higher than the corresponding period last year (annual inflation) in the four seasons preceding the current season. The highest point-to-point inflation with 104.8 percent is related to the "service activities related to lodging and food" group, and the lowest point-to-point inflation with 33.5 percent is related to the "insurance activities" group.