Service Producer Price Index Falls 0.22% in June, Posts 31.84% Annual Rise

According to the latest release from Turkey's Statistical Institute (TÜİK), the Service Producer Price Index (SPPI) slipped 0.22% month‑on‑month in June, signaling a modest stabilization in the first half of 2026, while posting a robust 31.84% increase year‑on‑year.

Sectoral Breakdown of Annual Gains

Transportation and storage services led the surge with an annual 36.27% rise. Other key sectors posted the following increases:

■Professional, scientific and technical services: 32.41%

■Real‑estate services: 28.47%

■Administrative and support services: 28.26%

■Accommodation and food services: 28.24%

■Information and communication services: 26.85%

Highlights of Monthly Movements

June’s strongest monthly gain was 4.33% in accommodation and food services. Additional notable shifts include:

■Real‑estate services: 2.64% increase

■Transportation and storage services: 0.75% increase

■Professional, scientific and technical services: 5.64% decline

■Information and communication services: 6.41% decline

■Administrative and support services: 0.03% decline

Inflationary Pressure and Economic Confidence

The 31.84% annual rise underscores that service‑sector inflation remains elevated. Meanwhile, the economic confidence index edging toward the 100‑point threshold suggests growing optimism among households and investors.

Murat Yıldız – Real Estate Development and Valuation Specialist: These service‑producer price dynamics could translate into higher construction and real‑estate costs, compelling developers to reassess project budgets and profitability models. Sustained inflation control will be pivotal for stabilizing long‑term housing demand and preserving investment returns.