Turkish metal producers’ foreign sales prices up 2.59% in Sept from Aug

Wednesday, 20 October 2021 11:07:45 (GMT+3)   |   Istanbul
       

According to the figures released by the Turkish Statistical Institute (TUIK), in September this year Turkish producers’ foreign sales price index (PPI)* in general increased by 1.55 percent compared to August and was up by 28.87 percent year on year, while an average rise of 35.78 percent was registered for the last 12 months.

In September this year, the foreign sales prices of producers in the Turkish domestic basic metal industry rose by 2.59 percent on month-on-month basis and grew by 58.03 percent compared to the same month of 2020. Meanwhile, the average increase in prices in the last 12 months was 53.12 percent.

On the other hand, in September this year Turkish producers’ foreign sales prices for domestic manufactured metal products, except machinery, increased by 1.25 percent compared to August and were up by 32.35 percent year on year. Meanwhile, the average increase in prices in the last 12 months was 38.55 percent.

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


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