According to the figures released by the Turkish Statistical Institute (TUIK), in October this year Turkish producers' foreign sales price index (PPI) in general increased by 1.17 percent compared to September and was down 2.88 percent year on year, while an average rise of 18.32 percent was registered for the latest 12 months.
In October this year, the foreign sales prices of producers in the Turkish domestic basic metal industry decreased by 0.1 percent on month-on-month basis and were down 9.25 percent compared to the same month of 2018. Meanwhile, the average increase in prices in the latest 12 months was 16.06 percent.
On the other hand, in October this year Turkish producers' foreign sales prices for domestic manufactured metal products, except machinery, increased by 0.72 percent compared to September and were down 3.8 percent year on year. Meanwhile, the average increase in prices in the latest 12 months was 17.94 percent.