Turkish metal producers' domestic sales prices up 5.74% in Sept from Aug

Monday, 05 October 2020 16:50:44 (GMT+3)   |   Istanbul
       

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 2.65 percent month on month and by 14.33 percent year on year, while an average rise of 7.71 percent was registered for the latest 12 months.

In September, the domestic PPI for Turkey's basic metal industry was up by 5.74 percent on month-on-month basis and rose by 25.87 percent compared to the same month of the previous year. Meanwhile, the average increase in the domestic PPI for the latest 12 months was 3.35 percent.

On the other hand, in the given month the domestic PPI for Turkish manufacture of metal products, except machinery, advanced by 3.54 percent compared to August and was up 20.0 percent year on year. Meanwhile, in the sector in question, an average increase of 8.26 percent in the PPI index was registered for the latest 12 months.


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