In March 2023, the production price of services in hotels increased by 71.96% year-on-year. Turkey Service Producer Price General Index (H-PPI) also increased by 73.55%.
Service Producer Price Index in Hotels increased by 72%
According to the information compiled by Tourism Databank, the tourism statistics center, from the TurkStat Service Producer Price Index, in March 2023, the price of service production in hotels increased by 71.96% annually.
Turkey Service Producer Price General Index (H-PPI) also increased by 73.55%. In 2022, the service production price index in hotels had increased by 71.35% on average and the General Service Producer Price Index in Turkey had increased by 80.62%.