Trade Resources Economy PPI for Turkish Industry in General Rose by 0.09 Percent Over March

PPI for Turkish Industry in General Rose by 0.09 Percent Over March

According to the statistics released by the Turkish Statistical Institute (TUIK), in April this year the domestic producer price index (PPI) for Turkish industry in general rose by 0.09 percent over March and was up 12.98 percent year on year, while an average rise of 7.89 percent was registered for the latest 12 months.

In April this year, the domestic PPI for Turkey's basic metal industry decreased by 2.27 percent on month-on-month basis and was up 13.04 percent compared to April 2013. Meanwhile, the average change in the domestic PPI for the latest 12 months was 6.21 percent.

On the other hand, in April of the current year the domestic PPI for domestic manufacture of metal products, except machinery, fell 0.71 percent compared to March and was up 14.44 percent year on year. Meanwhile, in the sector in question, an average increase of 7.87 percent in the PPI index was registered for the latest 12 months.

Source: http://www.steelorbis.com/steel-news/latest-news/turkish-metal-producers-sales-prices-down-227-in-apr-from-mar-826826.htm
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Turkish Metal Producers' Sales Prices Down 2.27% in Apr From Mar
Topics: Metallurgy