According to the statistics released by the Turkish Statistical Institute (TUIK), in April this year the producer price index (PPI) for Turkish industry in general increased by 2.35 percent over March and was up 10.42 percent year on year, while an average rise of 2.52 percent was registered for the latest twelve months.
In March, the PPI for the domestic basic metal industry rose by 7.04 percent month on month and was up 24.1 percent compared to April 2009. Meanwhile, the average decrease in the latest twelve months was 13.7 percent.
On the other hand, during the given month, the PPI for domestic manufacture of metal products, except machinery, slightly increased by 0.83 percent over the previous month but was down 2.83 percent year on year. Meanwhile, in the sector in question, an average decrease of 1.24 percent in the PPI index was registered in the latest twelve months.