Home News Services producer price index in Turkey increased by 9.77% annually and 2.22%...

Services producer price index in Turkey increased by 9.77% annually and 2.22% monthly

460
0

Services Producer Price Index, June 2020 in Turkey

S-PPI (2017=100) 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.

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

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

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.

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

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.

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

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%.

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

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%.

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

The next release on this subject will be on August 31, 2020.


Source: TurkStat
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


Previous articleAccording to the general trade system exports and imports increased by 15.7% and 8.3% respectively in June 2020
Next articleEconomic confidence index in Turkey increased by 11.8% in July to 82.2

LEAVE A REPLY

Please enter your comment!
Please enter your name here