According to the Turkey Statistical Institute data, considering the 12-month averages as of November, consumer prices increased by 12.04 percent, domestic producer prices increased by 10.69 percent.
On a monthly basis, the Consumer Price Index (CPI) increased by 2.3 percent and the Domestic Producer Price Index (D-PPI) increased by 4.08 percent. The CPI increased by 13.19 percent in November compared to December last year and 14.03 percent compared to the same month of the previous year. On the other hand, D-PPI increased 22.26 percent compared to December 2019 and 23.11 percent compared to November last year.
According to the data, the D-PPI increased by 4.08 percent compared to the previous month in November, 22.26 percent compared to December of the previous year, 23.11 percent compared to the same month of the previous year and 10.69 percent on the twelve-month averages.
The annual changes in the 4 sectors of the industry in November were 19.63 percent in mining and quarrying, 25.04 percent in manufacturing, 0.58 percent in electricity, gas production and distribution, and 12.83 percent in water supply.
Looking at the monthly changes of these groups, there was an increase of 2.15 percent in mining and quarrying, 4.33 percent in manufacturing, 1.69 percent in electricity, gas production and distribution, and 0.49 percent in water supply.
When the annual changes of the main industrial groups are examined, there was an increase of 30.07 percent in intermediate goods, 25.84 percent in durable consumer goods, 18.9 percent in nondurable consumer goods, 0.36 percent in energy and 27.85 percent in capital goods.
Looking at the monthly changes of these groups, there was an increase of 4.77 percent in intermediate goods, 2.74 percent in durable consumer goods, 4.17 percent in nondurable consumer goods, 2.79 percent in energy and 2.58 percent in capital goods.
The highest annual decrease was realized as tobacco products with 21.16 percent, coke and refined petroleum products with 3.46 percent, crude oil and natural gas with 3.37 percent. On the other hand, metal ores were the sub-sectors with the highest increase in indices with 53.36 percent, basic metals with 48.92 percent and other manufactured goods with 37.42 percent. The highest monthly decrease was in tobacco products sub-sectors with 5.57 percent. On the other hand, basic metals with 7.43 percent, food products 6.4 percent, paper and paper products recorded as the sub-sectors with the highest increase in indices with 5.46 percent.
The highest increase in transportation
The price changes in the main spending groups in November have also been announced. In November, the highest monthly increase in this category was realized in transportation with 4.51 percent, followed by food and non-alcoholic beverages with 4.16 percent and household goods with 1.69 percent.
In terms of main spending groups, the only main group that decreased in November was education with 0.19 percent. While there was no monthly change in the main group of alcoholic beverages and tobacco, the groups with the least increase were determined as communication with 0.12 percent and health with 0.80 percent.
Annual changes
The highest increase in CPI on an annual basis was seen in the miscellaneous goods and services group with 29.42 percent. This was followed by food and non-alcoholic beverages with 21.08 percent and transportation with 18.67 percent. During this period, there was an increase of 16.25 percent in health and 14.22 percent in household goods.
Compared to the same month last year, the main expenditure groups with low increase in November were alcoholic beverages and tobacco with 0.67 percent, clothing and shoes with 0.99 percent, communication with 5.19 percent, and education with 7 percent, respectively.
While the average price of 54 items out of 418 items covered in the index last month decreased, there was no change in the average price of 42 items. The average price of 322 items increased.
The region where consumer prices increased the most was “Sanliurfa and Diyarbakir”
In November, among the 26 regions with Statistical Region Unit Classification (NUTS) at the 2nd level, the highest monthly increase was in ” Sanliurfa, Diyarbakir” with 3.24 percent.
According to the 12-month averages, the highest increase occurred in the “Erzurum, Erzincan, Bayburt” regions with 13.06 percent. On an annual basis, the highest increase was observed in the ” Sanliurfa, Diyarbakir” region with 16.61 percent, followed by “Samsun, Tokat, Corum, Amasya” with 15.99 percent and “Gaziantep, Adiyaman, Kilis” with 15.37 percent. The lowest price increase was calculated in “Agri, Kars, Igdir, Ardahan” regions with 12.33 percent.
source: AA / translated by Melisa Karayusufoglu