March 19, 2024
Services Production Index in Türkiye, January 2024
Services production index increased by 0.6% on annual basis
Services production index (2021=100) increased by 0.6% on annual basis in January 2024 compared to the same month of the previous year. In the same month, transportation and storage services increased by 0.6%, accommodation and food services increased by 1.1%, information and communication services increased by 4.9%, real estate services decreased by 8.6%, professional, scientific and technical services increased by 6.0%, administrative and support services increased by 3.5%.
Services production index decreased by 2.3% on monthly basis
Services production index (2021=100) decreased by 2.3% on monthly basis in January 2024 compared to the previous month. In the same month, transportation and storage services decreased by 7.2%, accommodation and food services increased by 0.7%, information and communication services increased by 3.4%, real estate services decreased by 0.4%, professional, scientific and technical services increased by 4.1%, administrative and support services increased by 1.4%
The next release on this subject will be on April 22, 2024.
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EXPLANATION
Annual changes refer to the change of calendar adjusted index values compared to the same month of the previous year.
Monthly changes refer to the change in seasonally and calendar adjusted index values compared to the previous month.
Source: Turkish Statistical Institute (TurkStat)
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