Business

Service Producer Price Index increased on monthly and annual basis in August

Service Producer Price Index (S-PPI) increased by 5.25% on a monthly basis and 79.95% on an annual basis in August this year.

Turkish Statistical Institute (TUIK), S-PPI announced the results for August.

Accordingly, S-PPI in August 2023 was 5.25% compared to the previous month, 69.13% compared to December of the previous year, 79.95% compared to the same month of the previous year and 80.27% according to twelve-month averages. increased.

Transportation and storage services increased by 62.80% annually

Compared to the same month of the previous year, there was an increase of 62.80% in transportation and storage services, 102.12% in accommodation and food services, and 83.41% in information and communication services. There was an increase of 66.83% in real estate services, 99.59% in professional, scientific and technical services, and 104.93% in administrative and support services.

Compared to the previous month, there was an increase of 6.35% in transportation and storage services, 6.22% in accommodation and food services, and 2.23% in information and communication services. There was an increase of 3.62% in real estate services, 1.93% in professional, scientific and technical services, and 5.85% in administrative and support services.

Source: Trthaber / Prepared by Irem Yildiz

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