Services Producer Price Index results for May 2022.
According to the information compiled by the Tourism Databank, the tourism statistics center, from the Service Producer Price Index (H-PPI) data of TURKSTAT, the H-PPI, which increased by 6.94 percent in May 2022, increased by 89.96 percent compared to the previous year. Annual increase; 79.55 percent in hotels, 108.12 percent in agencies and 125.84 percent in airlines. Thus, tourism-related areas were above the general index increase.
Monthly increase in Service Production Price in Hotels
According to the April-May results of the Services Producer Price Index (H-PPI), which is the price index that measures the changes in the sales price of the services produced, excluding VAT etc. taxes, 9.15% in accommodation and food services, 20.6 percent in hotels, 23.58 percent in agencies and airlines. It was 11.21 percent. Thus, tourism-related fields were above the monthly general index increase.