Turkish metal producers’ domestic sales prices up 2.99% in Jan from Dec

Wednesday, 03 February 2021 14:37:56 (GMT+3)   |   Istanbul

According to the statistics released by the Turkish Statistical Institute (TUIK), in January this year the domestic producer price index (PPI) for Turkish industry in general increased by 2.66 percent month on month and by 26.16 percent year on year, while an average rise of 13.64 percent was registered for the latest 12 months.

In January, the domestic PPI for Turkey’s basic metal industry was up by 2.99 percent on month-on-month basis and rose by 56.85 percent compared to the same month of the previous year. Meanwhile, the average increase in the domestic PPI for the latest 12 months was 21.59 percent.

On the other hand, in the given month the domestic PPI for Turkish manufacture of metal products, except machinery, advanced by 1.26 percent compared to December and was up 33.54 percent year on year. Meanwhile, in the sector in question, an average increase of 17.29 percent in the PPI index was registered for the latest 12 months.

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