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 1.81 percent compared to November and was up 8.93 percent year on year, while an average rise of 14.19 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 increased by 2.06 percent on month-on-month basis and were up 2.34 percent compared to the same month of 2018. Meanwhile, the average increase in prices in the latest 12 months was 9.94 percent.
On the other hand, in December last year Turkish producers' foreign sales prices for domestic manufactured metal products, except machinery, increased by 2.09 percent compared to November and were up 7.45 percent year on year. Meanwhile, the average increase in prices in the latest 12 months was 13.63 percent.