Annual Increase in Service Producer Prices Reaches 56.85%

Foreks - In September 2024, the H-PPI showed an increase of 1.14% compared to the previous month, 48.91% compared to December of the previous year, 56.85% compared to the same month of the previous year, and 74.23% according to twelve-month averages.

H-PPI change rates (%), September 2024

	September 2024	September 2023	September 2022
Change rate from the previous month	1.14	1.70	2.55
Change rate from December of the previous year	48.91	72.00	72.26
Change rate from the same month of the previous year	56.85	78.46	107.01
Change rate according to twelve-month averages	74.23	78.63	78.34

The H-PPI in transportation and storage services increased by 52.75% year-on-year. Compared to the same month of the previous year, there was a 52.75% increase in transportation and storage services, a 61.14% increase in accommodation and food services, a 62.38% increase in information and communication services, a 55.78% increase in real estate services, a 62.37% increase in professional, scientific, and technical services, and a 57.17% increase in administrative and support services.

H-PPI annual change rates (%), September 2024 H-PPI annual change rates by sectors (%), September 2024

The H-PPI in transportation and storage services increased by 1.79% month-on-month. Compared to the previous month, there was a 1.79% increase in transportation and storage services, a 1.07% decrease in accommodation and food services, a 3.13% increase in information and communication services, a 1.58% decrease in real estate services, a 4.03% increase in professional, scientific, and technical services, and a 0.67% decrease in administrative and support services.