Services producer price index increases by 12.10% annually in Turkey
Services producer price index increased by 12.10% annually and 0.99% monthly, Turkish Statistical Institute announced in a statement on Thursday.
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According to the statement, S-PPI (2017=100) increased by 0.99% monthly, by 4.76% on December of the previous year, by 12.10% on same month of the previous year and by 13.97% on the twelve months moving averages basis in March 2020.
Transportation and storage services increased by 14.47% annually
The indices increased by 14.47% for transportation and storage services, by 13.69% for accommodation and food services, by 3.42% for information and communication services, by 9.12% for real estate services, by 13.28% for professional, scientific and technical services, by 10.56% for administrative and support services compared with the previous year.
Transportation and storage services increased by 2.41% monthly
The indices increased by 2.41% for transportation and storage services, by 0.27% for accommodation and food services, decreased by 1.74% for information and communication services, by 5.98% for real estate services, increased by 1.79% for professional, scientific and technical services, by 1.21% for administrative and support services compared with the previous month.
The only annual decrease was in telecommunications services by 4.81%
The only rate of annual decrease in S-PPI by subdivisions of services were for telecommunications services by 4.81%. On the other hand, the highest rates of annual increase in S-PPI by subdivisions of services were for warehousing and support services for transportation by 24.59%, for postal and courier services by 24.54%, for scientific research and development services by 20.87%.
The highest monthly decrease was in telecommunications services by 7.42%
The highest rates of monthly decrease in S-PPI by subdivisions of services were for telecommunications services by 7.42%, for real estates services by 5.98%, for employment services by 2.34%. On the other hand, the highest rates of monthly increase in S-PPI by subdivisions of services were for programming and broadcasting services by 23.27%, for air transport services 6.75%, for warehousing and support services for transportation by 4.03%. (ILKHA)
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