Turkish metal producers' domestic sales prices up 4.73% in Apr from Mar

Friday, 03 May 2019 15:32:20 (GMT+3)   |   Istanbul
       

According to the statistics released by the Turkish Statistical Institute (TUIK), in April the domestic producer price index (PPI) for Turkish industry in general increased by 30.12 percent year on year and by 2.98 percent month on month, while an average rise of 32.24 percent was registered for the latest 12 months.

In April, the domestic PPI for Turkey's basic metal industry was up by 4.73 percent on month-on-month basis and rose by 26.64 percent compared to the same month of the previous year. Meanwhile, the average increase in the domestic PPI for the latest 12 months was 42.68 percent.

On the other hand, in the given month the domestic PPI for Turkish manufacture of metal products, except machinery, rose by 2.38 percent compared to March and was up 30.45 percent year on year. Meanwhile, in the sector in question, an average increase of 35.09 percent in the PPI index was registered for the latest 12 months.


Most Recent Related Articles

Ex-CIS billet prices under pressure from weak demand, negative sentiment in scrap

India’s ArcelorMittal Nippon Steel bids to secure iron ore mines in Odisha

China’s HRC output up 10% in 2019, CRC output rises by 3.5 percent

Short sea scrap price down sharply in fresh deals to Turkey

US import HDG still holding steady