Turkish metal producers' domestic sales prices down 2.7% in June from May

Thursday, 04 July 2019 17:09:43 (GMT+3)   |   Istanbul

According to the statistics released by the Turkish Statistical Institute (TUIK), in May the domestic producer price index (PPI) for Turkish industry in general increased by 0.09 percent year on year and by 25.04 percent month on month, while an average rise of 32.81 percent was registered for the latest 12 months.

In June, the domestic PPI for Turkey's basic metal industry was down by 2.7 percent on month-on-month basis and rose by 16.26 percent compared to the same month of the previous year. Meanwhile, the average increase in the domestic PPI for the latest 12 months was 38.13 percent.

On the other hand, in the given month the domestic PPI for Turkish manufacture of metal products, except machinery, fell by 0.9 percent compared to May and was up 22.27 percent year on year. Meanwhile, in the sector in question, an average increase of 34.32 percent in the PPI index was registered for the latest 12 months.

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