Services Producer Price Index, January 2020 in Turkey
Services producer price index (S-PPI) increased by 12.29% annually and 2.90% monthly
S-PPI (2017=100) increased by 2.90% monthly, by 2.90% on December of the previous year, by 12.29% on same month of the previous year and by 15.26% on the twelve months moving averages basis in January 2020.
S-PPI rate of changes (%), January 2020
S-PPI annual rate of change (%), January 2020
Transportation and storage services increased by 12.95% annually
The indices increased by 12.95% for transportation and storage services, by 15.19% for accommodation and food services, by 5.21% for information and communication services, by 16.32% for real estate services, by 11.94% for professional, scientific and technical services, by 12.14% for administrative and support services compared with the previous year.
S-PPI rate of annual changes (%), January 2020
Transportation and storage services increased by 2.72% monthly
The indices increased by 2.72% for transportation and storage services, by 2.70% for accommodation and food services, by 0.76% for information and communication services, by 3.09% for real estate services, by 3.90% for professional, scientific and technical services, by 4.52% for administrative and support services compared with the previous month.
S-PPI rate of monthly changes (%), January 2020
The lowest annual increase was in telecommunications services by 0.18%
The lowest rates of annual increase in S-PPI by subdivisions of services were for telecommunications services by 0.18%, for advertising and market research services by 7.27%, for veterinary services by 7.32%. On the other hand the highest rates of annual increase in S-PPI by subdivisions of services were for postal and courier services by 20.97%, for scientific research and development services by 18.79%, for accommodation services by 18.54%.
Annual rate of change for sectors of S-PPI (%), January 2020
The highest monthly decrease was in programming and broadcasting services by 15.40%
The highest rates of monthly decrease in S-PPI by subdivisions of services were for programming and broadcasting services by 15.40%, for advertising and market research services by 2.31%, for publishing services by 0.13%. On the other hand the highest rates of monthly increase in S-PPI by subdivisions of services were for legal and accounting services by 12.28%, for services to buildings and landscape by 9.23%, for employment services by 8.63%.
Monthly rate of change for sectors of S-PPI (%), January 2020
The next release on this subject will be on March 31, 2020.
Source: TurkStat
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
