Services producer price index in Turkey increases by 28.55% annually

 S-PPI (2017=100) increased by 3.18% monthly, by 13.24% on December of the previous year, by 28.55% on same month of the previous year and by 20.33% on the twelve months moving averages basis in May 2021.

Transportation and storage services increased by 36.99% annually

The indices increased by 36.99% for transportation and storage services, by 31.28% for accommodation and food services, by 8.99% for information and communication services, by 6.26% for real estate services, by 20.08% for professional, scientific and technical services, by 29.92% for administrative and support services compared with the previous year.

Transportation and storage services increased by 4.50% monthly

The indices increased by 4.50% for transportation and storage services, by 4.45% for accommodation and food services, by 0.63% for information and communication services, decreased by 12.75% for real estate services, increased by 3.39% for professional, scientific and technical services, by 5.43% for administrative and support services compared with the previous month.

Compared to general S-PPI, lower annual change observed in 21 subdivisions while 6 subdivisions were higher

The lowest rates of annual increase in S-PPI by subdivisions of services were for telecommunications services by 3.48%, for real estate services by 6.26%, for motion picture, video and TV programme production services by 9.24%. On the other hand, the highest rates of annual increase in S-PPI by subdivisions of services were for water transport services by 84.81%, for air transport services by 63.26%, for accommodation services by 62.17%.

Compared to general S-PPI, lower monthly change observed in 16 subdivisions while 11 subdivisions were higher

The highest rates of monthly decrease in S-PPI by subdivisions of services were for real estate services by 12.75%, for publishing services by 0.52%, for programming and broadcasting services by 0.04%. On the other hand, the highest rates of monthly increase in S-PPI by subdivisions of services were for accommodation services 12.33%, for travel agency, tour operator and other reservation services by 10.53%, for land transport services and transport services via pipelines and services of head offices by 5.54%. (ILKHA)