Turkish metal producers’ domestic sales prices up 5.75% in Oct from Sept

Tuesday, 03 November 2020 16:58:40 (GMT+3)   |   Istanbul

According to the statistics released by the Turkish Statistical Institute (TUIK), in October this year the domestic producer price index (PPI) for Turkish industry in general increased by 3.55 percent month on month and by 18.20 percent year on year, while an average rise of 9.11 percent was registered for the latest 12 months.

In October, the domestic PPI for Turkey’s basic metal industry was up by 5.75 percent on month-on-month basis and rose by 36.12 percent compared to the same month of the previous year. Meanwhile, the average increase in the domestic PPI for the latest 12 months was 7.67 percent.

On the other hand, in the given month the domestic PPI for Turkish manufacture of metal products, except machinery, advanced by 4.37 percent compared to September and was up 24.65 percent year on year. Meanwhile, in the sector in question, an average increase of 10.35 percent in the PPI index was registered for the latest 12 months.

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