According to the statistics released by the Turkish Statistical Institute (TUIK), in October this year the domestic producer price index (PPI) for Turkish industry in general increased by 0.92 percent from September and was up 10.1 percent year on year, while an average rise of 10.11 percent was registered for the latest 12 months.
In October this year, the domestic PPI for Turkey's basic metal industry increased by 1.09 percent on month-on-month basis and was up 8.66 percent compared to October 2013. Meanwhile, the average increase in the domestic PPI for the latest 12 months was 10.45 percent.
On the other hand, in October of the current year the domestic PPI for domestic manufacture of metal products, except machinery, increased by 0.85 percent as compared to September and was up 10.05 percent year on year. Meanwhile, in the sector in question, an average increase of 11.9 percent in the PPI index was registered for the latest 12 months.