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Services producer price index increased by 10.22% annually and 1.33% monthly in Turkey

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Services Producer Price Index, April 2020 in Turkey 

S-PPI (2017=100) increased by 1.33% monthly, by 6.15% on December of the previous year, by 10.22% on same month of the previous year and by 13.06% on the twelve months moving averages basis in April 2020.

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

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

Transportation and storage services increased by 13.70% annually

The indices increased by 13.70% for transportation and storage services, by 10.39% for accommodation and food services, by 3.22% for information and communication services, by 1.98% for real estate services, by 11.47% for professional, scientific and technical services, by 6.85% for administrative and support services compared with the previous year.

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

Transportation and storage services increased by 3.27% monthly

The indices increased by 3.27% for transportation and storage services, by 0.38% for accommodation and food services, by 1.11% for information and communication services, decreased by 3.52% for real estate services, by 0.71% for professional, scientific and technical services, by 0.19% for administrative and support services compared with the previous month.

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

The highest annual decrease was in telecommunications services by 2.95%

The highest rates of annual decrease in S-PPI by subdivisions of services were for telecommunications services by 2.95%, for travel agency, tour operator and other reservation services and related services by 2.39%. 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 25.79%, for postal and courier services by 25.01%, for scientific research and development services by 19.37%.

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

The highest monthly decrease was in real estate services by 3.52%

The highest rates of monthly decrease in S-PPI by subdivisions of services were for real estate services by 3.52%, for advertising and market research services by 3.09%, for services of head offices by 2.51%. On the other hand the highest rates of monthly increase in S-PPI by subdivisions of services were for air transport services by 8.55%, for water transport services 5.35%, for warehousing and support services for transportation by 5.17%.

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

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


Source: TurkStat
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