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 10.14 percent compared to August and was up 75.04 percent year on year, while an average rise of 31.44 percent was registered for the latest 12 months.
In September this year, the foreign sales prices of producers in the Turkish domestic basic metal industry rose by 9.67 percent on month-on-month basis and were up 89.97 percent compared to the same month of the previous year. Meanwhile, the average increase in prices in the latest 12 months was 41.73 percent.
On the other hand, in September this year Turkish producers' foreign sales prices for domestic manufactured metal products, except machinery, increased by 9.74 percent compared to August and were up 74.2 percent year on year. Meanwhile, the average increase in prices in the latest 12 months was 32.28 percent.
*Foreign sales price index indicates changes in Turkish producers' prices for other countries.