According to the figures released by the Turkish Statistical Institute (TUIK), in April this year Turkish producers' foreign sales price index (PPI)* in general decreased by 0.45 percent from March and was up 4.06 percent year on year, while an average rise of 10.5 percent was registered for the latest 12 months.
In April this year, the foreign sales prices of producers in the Turkish domestic basic metal industry were almost unchanged on month-on-month basis and were up 1.3 percent compared to the same month last year. Meanwhile, the average increase in prices in the latest 12 months was 11.17 percent.
On the other hand, in April of the current year Turkish producers' foreign sales prices for domestic manufactured metal products, except machinery, decreased by 0.8 percent compared to March and were up 4.9 percent year on year. Meanwhile, the average increase in prices in the latest 12 months was 13.94 percent.
*Foreign sales price index indicates changes in Turkish producers' prices for other countries.