H-PPI Increased 20.4 Percent on Annual Basis
H-PPI Increased 20.4 Percent on Annual Basis. The Service Producer Price Index rose 20.4% on an annual basis. The service producer price index is prepared in order to control the changes experienced by comparing the prices of the products produced in our country over time. According to the announced results, it increased by 1.14% in October compared to the previous month. Compared to December last year, it has increased by 21.23% this year. Considering the 12-month averages, it increased by 13.53%. According to the reviews, annual transportation and storage services increased by 8.74%, real estate services 5.76%, vocational, scientific, and technical services 14.61%, and administrative services increased by 20.58%. Among the decreased services, accommodation and food services decreased by 2.79% and support services decreased by 1.36%. On an annual basis, the least increase occurred in telecommunications, cinema, video, TV program production, and music broadcasting. Air transport increased by 44.3%.