Home News Services producer price index in Turkey increased by 13.10% annually

Services producer price index in Turkey increased by 13.10% annually

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Services Producer Price Index, February 2020 in Turkey

S-PPI (2017=100) increased by 0.80% monthly, by 3.73% on December of the previous year, by 13.10% on same month of the previous year and by 14.68% on the twelve months moving averages basis in February 2020.

S-PPI rate of changes (%), February 2020

S-PPI annual rate of change (%), February 2020

Transportation and storage services increased by 14.68% annually

The indices increased by 14.68% for transportation and storage services, by 15.13% for accommodation and food services, by 5.16% for information and communication services, by 18.66% for real estate services, by 12.95% for professional, scientific and technical services, by 11.46% for administrative and support services compared with the previous year.

S-PPI rate of annual changes (%), February 2020

Transportation and storage services increased by 0.33% monthly

The indices increased by 0.33% for transportation and storage services, by 0.19% for accommodation and food services, by 3.13% for information and communication services, decreased by 1.05% for real estate services, increased by 2.73% for professional, scientific and technical services, by 0.13% for administrative and support services compared with the previous month.

S-PPI rate of monthly changes (%), February 2020

The only annual decrease was in telecommunications services by 0.53%

The only rate of annual decrease in S-PPI by subdivisions of services were for telecommunications services by 0.53%. On the other hand the highest rates of annual increase in S-PPI by subdivisions of services were for postal and courier services by 23.19%, for scientific research and development services by 22.51%, for warehousing and support services for transportation by 22.01%.

Annual rate of change for sectors of S-PPI (%), February 2020

The highest monthly decrease was in air transport services by 9.93%

The highest rates of monthly decrease in S-PPI by subdivisions of services were for air transport services by 9.93%, for travel agency, tour operator and other reservation services and related services by 4.05%, for accomodation services by 1.80%. On the other hand the highest rates of monthly increase in S-PPI by subdivisions of services were for programming and broadcasting services by 7.05%, for scientific research and development services 6.83%, for advertising and market research services by 5.97%.

Monthly rate of change for sectors of S-PPI (%), February 2020

The next release on this subject will be on April 30, 2020.


Source: TurkStat
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