The Services Producer Price Index (S-PPI) climbed by 78.09% in February year over year, according to the Turkish Statistical Institute (TurkStat).
S-PPI surged by 3.78% in February, compared to the previous month, 17.36% compared to December 2021, and 41.85% on a 12-month rolling average.
The price index increased by 101.45% in transportation and storage services, 60.0% in accommodation and food services, 35.04% in information and communication services, 190.51% in real estate services, 37.98% in professional, scientific, and technical services, and 58.18% in administrative and support services in February, year over year.
The S-PPI rose by 4.74% in transportation and storage services, 4.15% in accommodation and food services, 4.11% in information and communication services, 2.76% in professional, scientific, and technical services, 2.49% in administrative and support services while it dropped by 0.08% in real estate services in February monthly.
