Service Producer Price Index Increased by 0.24% Monthly and 55.34% Yearly in October

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Service Producer Price Index Increased by 0.24% Monthly and 55.34% Yearly in October

Forex - The H-PPI in October 2024 showed an increase of 0.24% compared to the previous month, an increase of 49.26% compared to December of the previous year, an increase of 55.34% compared to the same month of the previous year, and an increase of 72.04% based on twelve-month averages.

H-PPI change rates (%), October 2024

October 2024 October 2023 October 2022
Change rate compared to the previous month 0.24 1.21 2.05
Change rate compared to December of the previous year 49.26 74.08 75.79
Change rate compared to the same month of the previous year 55.34 76.99 104.28
Change rate based on twelve-month averages 72.04 77.10 84.03

Annual change rates of H-PPI (%), October 2024

According to the announcement made by the Turkish Statistical Institute (TÜİK), the annual change in H-PPI for transportation and storage services increased by 49.46%. Compared to the same month of the previous year, the increases were 49.46% in transportation and storage services, 59.03% in accommodation and food services, 64.46% in information and communication services, 58.06% in real estate services, 62.10% in professional, scientific, and technical services, and 57.46% in administrative and support services.

H-PPI annual change rates (%), October 2024

Monthly change in H-PPI for transportation and storage services decreased by 0.59%. Compared to the previous month, there was a decrease of 0.59% in transportation and storage services, a decrease of 1.83% in accommodation and food services, an increase of 4.35% in information and communication services, an increase of 1.83% in real estate services, an increase of 4.35% in professional, scientific, and technical services, and a decrease of 1.36% in administrative and support services.

H-PPI monthly change rates (%), October 2024