According to the statistics released by the Turkish Statistical Institute (TUIK), in October this year Turkish producers' foreign sales price index (PPI)* in general increased by 0.6 percent from September and was up 8.2 percent year on year, while an average rise of 14.77 percent was registered for the latest 12 months.
In October this year, the foreign sales prices of producers in the Turkish domestic basic metal industry increased by 0.94 percent on month-on-month basis and were up 15.4 percent compared to October 2013. Meanwhile, the average increase in prices for the latest 12 months was 12.71 percent.
On the other hand, in October of the current year Turkish producers' foreign sales prices for domestic manufactured metal products, except machinery, rose 0.85 percent compared to September and were up 11.16 percent year on year. Meanwhile, in the sector in question, an average increase of 17.11 percent in prices was registered in the latest 12 months.
*Foreign sales price index indicates changes in Turkish producers' prices for other countries.