Turkish metal producers' domestic sales prices up 3.69% in May from Apr

Tuesday, 04 June 2019 11:06:55 (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 28.71 percent year on year and by 2.67 percent month on month, while an average rise of 32.85 percent was registered for the latest 12 months.

In May, the domestic PPI for Turkey's basic metal industry was up by 3.69 percent on month-on-month basis and rose by 25.47 percent compared to the same month of the previous year. Meanwhile, the average increase in the domestic PPI for the latest 12 months was 41.12 percent.

On the other hand, in the given month the domestic PPI for Turkish manufacture of metal products, except machinery, rose by 2.23 percent compared to April and was up 27.63 percent year on year. Meanwhile, in the sector in question, an average increase of 35.16 percent in the PPI index was registered for the latest 12 months.

 


Most Recent Related Articles

Demand fails to recover in Turkish steel plate market

Ex-US prime grade scrap prices in Turkey decrease below $295/mt

IREPAS chairman: Long steel market in a recovery period

Raw Material Suppliers at IREPAS: Main savior was Chinese demand

Producers at IREPAS: Global long steel demand more or less same as before pandemic