According to the statistics released by the Turkish Statistical Institute (TUIK), in September this year the domestic producer price index (PPI) for Turkish industry in general increased by 0.13 percent month on month and by 2.45 percent year on year, while an average rise of 26.44 percent was registered for the latest 12 months.
In September, the domestic PPI for Turkey's basic metal industry was down by 1.32 percent on month-on-month basis and fell by 16.53 percent compared to the same month of 2018. Meanwhile, the average increase in the domestic PPI for the latest 12 months was 20.07 percent.
On the other hand, in the given month the domestic PPI for Turkish manufacture of metal products, except machinery, decreased by 0.14 percent as compared to August and by 1.26 percent year on year. Meanwhile, in the sector in question, an average increase of 25.26 percent in the PPI index was registered for the latest 12 months.