According to the figures released by the Turkish Statistical Institute (TUIK), in August this year Turkish producers’ foreign sales price index (PPI)* in general increased by 1.32 percent compared to July and by 28.01 percent year on year, while an average rise of 25.47 percent was registered for the latest 12 months.
In the given month, the foreign sales prices of producers in the Turkish domestic basic metal industry increased by 0.57 percent on month-on-month basis and went up by 19.75 percent compared to the same month of 2024. Meanwhile, the average increase in prices in the latest 12 months was 20.71 percent.
On the other hand, in August Turkish producers’ foreign sales prices for domestic manufactured metal products, except machinery, went up by 1.09 percent compared to July and increased by 27.82 percent year on year. Meanwhile, the average increase in prices in the latest 12 months was 25.99 percent.