Rise observed in service production
The Turkish Statistical Institute has published the service producer price index report for March 2024. According to the report, there was a 3.64% increase compared to the previous month and a 22.96% increase compared to December of the previous year.
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The Turkish Statistical Institute (TÜİK) reported a 3.64% increase in March compared to the previous month, a 22.96% increase compared to December of the previous year, an 85.41% increase compared to the same month of the previous year, and a 78.09% increase based on twelve-month averages.
INCREASE IN STORAGE
Compared to the same month of the previous year, there was a 78.53% increase in transportation and storage services, a 90.25% increase in accommodation and food services, a 91.35% increase in information and communication services, a 71.21% increase in real estate services, a 96.31% increase in professional, scientific, and technical services, and a 97.65% increase in administrative and support services.
Compared to the previous month, there was a 2.86% increase in transportation and storage services, a 3.68% increase in accommodation and food services, a 2.80% increase in information and communication services, a 3.16% increase in real estate services, a 6.37% increase in professional, scientific, and technical services, and a 4.56% increase in administrative and support services.