Services producer price index increases by 16.93% annually in Turkey

S-PPI (2017=100) increased by 4.02% monthly, by 19.82% on December of the previous year, by 16.93% on same month of the previous year and by 11.56% on the twelve months moving averages basis in August 2020.

Transportation and storage services increased by 22.21% annually

The indices increased by 22.21% for transportation and storage services, by 19.49% for accommodation and food services, by 5.96% for information and communication services, decreased by 4.56% for real estate services, increased by 11.88% for professional, scientific and technical services, by 18.54% for administrative and support services compared with the previous year.

Transportation and storage services increased by 3.64% monthly

The indices increased by 3.64% for transportation and storage services, by 5.96% for accommodation and food services, by 0.31% for information and communication services, by 15.40% for real estate services, by 1.27% for professional, scientific and technical services, by 4.60% for administrative and support services compared with the previous month.

The highest annual decrease was in real estate services by 4.56%

The highest rates of annual decrease in S-PPI by subdivisions of services were for real estate services by 4.56%, for telecommunications services by 3.23%. 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 33.48%, for postal and courier services by 27.97%, for water transport services by 25.42%.

The highest monthly decrease was in programming and broadcasting services by 12.00%

The highest rates of monthly decrease in S-PPI by subdivisions of services were for programming and broadcasting services by 12.00%, for information services by 1.12%, for services to buildings and landscape by 0.46%. On the other hand, the highest rates of monthly increase in S-PPI by subdivisions of services were for real estate services by 15.40%, for accommodation services 13.39%, for travel agency, tour operator and other reservation services and related services by 9.86%. (ILKHA)