According to the statistics released by the Turkish Statistical Institute (TUIK), in June this year the domestic producer price index (PPI) for Turkish industry in general increased by 14.87 percent year on year and remained almost stable month on month, while an average rise of 9.98 percent was registered for the latest 12 months.
In June, the domestic PPI for Turkey's basic metal industry was down by 0.4 percent on month-on-month basis and rose by 34.2 percent compared to the same month of last year. Meanwhile, the average increase in the domestic PPI for the latest 12 months was 24.2 percent.
On the other hand, in the given month the domestic PPI for Turkish manufacture of metal products, except machinery, fell by 0.4 percent compared to May and was up 16.9 percent year on year. Meanwhile, in the sector in question, an average increase of 11.4 percent in the PPI index was registered for the latest 12 months.