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Turkish metal producers’ foreign sales prices up 4.51% in August from July

According to the figures released by the Turkish Statistical Institute (TUIK), in August this year Turkish producers’ foreign sales price index (PPI)* in general increased by 4.69 percent from July and was up 12.20 percent year on year, while an average rise of 5.31 percent was registered for the latest 12 months.
In August this year, the foreign sales prices of producers in the Turkish domestic basic metal industry increased by 4.51 percent on month-on-month basis and were up 16.03 percent compared to August 2014. Meanwhile, the average increase in prices in the latest 12 months was 14.56 percent.
On the other hand, in August of the current year Turkish producers’ foreign sales prices for domestic manufactured metal products, except machinery, increased by 4.76 percent compared to July and were up 17.42 percent year on year. Meanwhile, the average increase in prices in the latest 12 months was 9.66 percent.
*Foreign sales price index indicates changes in Turkish producers’ prices for other countries.

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