March 1 (SeeNews) - Turkey's services producer price index (S-PPI) increased by 21.11% year-on-year in January, the country's statistical office said.
On a monthly comparison basis, the index grew 2.06% in the first month of 2021, TurkStat said in a statement on Friday.
The S-PPI rose by an annual 28.22% for transportation and storage services, by 20.23% for accommodation and food services and by 9.88% for information and communication services.
Services producer prices were 8.40% lower on the year in the real estate sector, 17.57% higher in the professional, scientific and technical services, and rose by an annual 21.75% in the administrative and support sector.
By subdivisions of services, the highest rates of annual increase in S-PPI were for air transport services - by 56.60%, for warehousing and support services for transportation - by 44.74% and for programming and broadcasting services - by 39.04%.
The only rate of annual decrease in S-PPI by subdivisions of services was for real estate services - by 8.40%, TurkStat said.