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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.

THE PRICE OF SERVICE PRODUCING IN HOTELS INCREASED 80 PERCENT

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.

Increase in Service Production Price index in Hotels, %

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