Service Producer Price Index Decreased by 0.76% Monthly

In November 2024, the Producer Price Index (PPI) decreased by 0.76% compared to the previous month, increased by 48.12% compared to December of the previous year, increased by 53.44% compared to the same month of the previous year, and showed a 69.81% increase based on twelve-month averages.

PPI change rates (%), November 2024

	November 2024	November 2023	November 2022
Change rate compared to the previous month	-0.76	0.46	0.25
Change rate compared to December of the previous year	48.12	74.89	76.24
Change rate compared to the same month of the previous year	53.44	77.36	98.82
Change rate based on twelve-month averages	69.81	76.01	88.69

PPI annual change rates (%), November 2024

The PPI in transportation and storage services rose by 47.10% year-on-year. Compared to the same month of the previous year, there was a 47.10% increase in transportation and storage services, a 55.20% increase in accommodation and food services, a 64.72% increase in information and communication services, a 52.20% increase in real estate services, a 63.31% increase in professional, scientific, and technical services, and a 56.81% increase in administrative and support services.

PPI annual change rates by sectors (%), November 2024

The PPI decreased by 0.54% in transportation and storage services month-on-month. Compared to the previous month, there was a 0.54% decrease in transportation and storage services, a 2.25% decrease in accommodation and food services, a 2.49% increase in information and communication services, a 5.42% decrease in real estate services, a 0.87% increase in professional, scientific, and technical services, and a 1.63% decrease in administrative and support services.