Services producer price index increses by 9.77% in Turkey
Services producer price index (S-PPI) increased by 9.77% annually and 2.22% monthly in Turkey in June 2020, the country's statistical institute said in a statement on Wednesday.
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Services producer price index increased by 2.22% monthly, by 9.96% on December of the previous year, by 9.77% on same month of the previous year and by 11.40% on the twelve months moving averages basis in June 2020, according to the statement.
Transportation and storage services increased by 17.31% annually
The indices increased by 17.31% for transportation and storage services, by 5.72% for accommodation and food services, by 5.22% for information and communication services, decreased by 20.87% for real estate services, increased by 10.46% for professional, scientific and technical services, by 5.41% for administrative and support services compared with the previous year.
Transportation and storage services increased by 3.61% monthly
The indices increased by 3.61% for transportation and storage services, by 5.36% for accommodation and food services, decreased by 0.74% for information and communication services, by 13.48% for real estate services, by 0.37% for professional, scientific and technical services, increased by 3.71% for administrative and support services compared with the previous month.
The highest annual decrease was in real estate services by 20.87%
The highest rates of annual decrease in S-PPI by subdivisions of services were for real estate services by 20.87%, for accommodation services by 11.77%, for travel agency, tour operator and other reservation services and related services by 5.29%. On the other hand, the highest rates of annual increase in S-PPI by subdivisions of services were for postal and courier services by 25.87%, for air transport services by 25.68%, for warehousing and support services for transportation by 25.25%.
The highest monthly decrease was in programming and broadcasting services by 13.60%
The highest rates of monthly decrease in S-PPI by subdivisions of services were for programming and broadcasting services by 13.60%, for real estate services by 13.48%, for services to buildings and landscape by 3.31%. On the other hand, the highest rates of monthly increase in S-PPI by subdivisions of services were for air transport services by 26.15%, for travel agency, tour operator and other reservation services and related services by 14.43%, for accommodation services 14.37%. (ILKHA)
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