According to the figures released by the Turkish Statistical Institute (TUIK), in December last year Turkish producers' foreign sales price index (PPI)* in general increased by 0.36 percent from November and was up 10.9 percent year on year, while an average rise of 7.68 percent was registered for the latest 12 months.
In December last year, the foreign sales prices of producers in the Turkish domestic basic metal industry decreased by 0.15 percent on month-on-month basis and were up 7.33 percent compared to December 2014. Meanwhile, the average increase in prices in the latest 12 months was 13.82 percent.
On the other hand, in December of the current year Turkish producers' foreign sales prices for domestic manufactured metal products, except machinery, increased by 0.11 percent compared to November and were up 14.97 percent year on year. Meanwhile, the average increase in prices in the latest 12 months was 12.54 percent.
*Foreign sales price index indicates changes in Turkish producers' prices for other countries.