Turkish metal producers' foreign sales prices down 2.08% in Feb from Jan

Wednesday, 20 March 2019 17:47:42 (GMT+3)   |   Istanbul
       

According to the figures released by the Turkish Statistical Institute (TUIK), in February this year Turkish producers' foreign sales price index (PPI)* in general decreased by 1.79 percent compared to January and was up 30.71 percent year on year, while an average rise of 38.72 percent was registered for the latest 12 months.

In February this year, the foreign sales prices of producers in the Turkish domestic basic metal industry fell by 2.08 percent on month-on-month basis and were up 31.48 percent compared to the same month of 2018. Meanwhile, the average increase in prices in the latest 12 months was 47.1 percent.

On the other hand, in February this year Turkish producers' foreign sales prices for domestic manufactured metal products, except machinery, declined by 2.07 percent compared to January and were up 31.1 percent year on year. Meanwhile, the average increase in prices in the latest 12 months was 38.74 percent.

*Foreign sales price index indicates changes in Turkish producers' prices for other countries.


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