July Data for Services Producer Price Index Announced
According to data shared by the Turkish Statistical Institute, an increase was recorded in services producer prices on an annual and monthly basis in July.
According to the Services Producer Price Index data announced by the Turkish Statistical Institute for July, the index increased by 32.77 percent on an annual basis.
July Price Developments
The Turkish Statistical Institute (TÜİK) shared the Services Producer Price Index data for July with the public.
Changes in Index Rates
According to the released data, the S-PPI recorded an increase of 3.94 percent last month compared to the previous month.
An increase of 28.95 percent was observed compared to December of last year, while the increase based on 12-month averages was 34.71 percent.
Sectoral Distribution and Increases
Compared to July 2025, the index showed an increase of 37.26 percent in transportation and storage services.
An increase of 27.63 percent was experienced in accommodation and food services, and 29.56 percent in information and communication services.
Rates in Other Service Sectors
An annual increase of 21.92 percent was recorded in real estate services, and 36.18 percent in professional, scientific, and technical services.
The annual increase rate in administrative and support services stood at 30.62 percent.