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.