According to the statistics released by the Turkish Statistical Institute (TUIK), in December last year the producer price index (PPI) for Turkish industry in general fell slightly by 0.12 percent from November and was up 2.45 percent year on year, while an average rise of 6.09 percent was registered for the latest twelve months.
In December, the PPI for the domestic basic metal industry fell by 1.17 percent month on month and was down 8.8 percent compared to December 2011. Meanwhile, the average change in the PPI for the latest twelve months was -0.48 percent.
On the other hand, during the given month, the PPI for domestic manufacture of metal products, except machinery, fell 0.07 percent compared to the previous month and was down 3.44 percent year on year. Meanwhile, in the sector in question, an average increase of 2.78 percent in the PPI index was registered in the latest twelve months.
