According to the statistics released by the Turkish Statistical Institute (TUIK), in September this year the domestic producer price index (PPI) for Turkish industry in general increased by 4.78 percent month on month and by 151.50 percent year on year, while an average rise of 114.02 percent was registered for the latest 12 months.
In the given month, the domestic PPI for Turkey’s basic metal industry was up by 0.77 percent on month-on-month basis and by 92.79 percent compared to the same month of the previous year. Meanwhile, the average increase in the domestic PPI for the latest 12 months was 118.28 percent.
On the other hand, in September the domestic PPI for Turkish manufacture of metal products, except machinery, advanced by 1.37 percent compared to August and by 106.76 percent year on year. Meanwhile, in the sector in question, an average increase of 94.88 percent in the PPI index was registered for the latest 12 months.
