Foreign Producer Price Index (YD-PPI) increased by 1.95%on a monthly basis and 59.24% on an annual basis in August.
Turkish Statistical Institute (TUIK) announced YD-PPI data for August.
Accordingly, in August, YD-PPI increased by 1.95% monthly, 48.5% compared to December last year, 59.24% compared to the same month last year and 55.86% compared to the twelve-month averages.
Looking at the annual changes in the two sectors of the industry, there was an increase of 54.28% in mining and quarrying and 59.33% in manufacturing.
Considering the annual changes of the main industrial groups, there was an increase of 50.89% in intermediate goods, 65.91% in durable consumer goods, 60.55% in non-durable consumer goods, 44.19% in energy and 69.54% in capital goods.
Monthly changes in the two sectors of the industry were calculated as 2.17% increase in mining and quarrying and 1.94% increase in manufacturing.
Monthly changes of the main industrial groups were recorded as an increase of 0.81% in intermediate goods, 2.84% in durable consumer goods, 1.87% in non-durable consumer goods, 7.93% in energy and 1.92% in capital goods.
According to the annual YD-PPI, 12 sub-sectors showed lower changes and 13 sub-sectors showed higher changes.
In this context, the sectors that showed the least increase were printing and recording services with 40.01%, base metals with 41.45%, coke and refined petroleum products with 44.19%. On the other hand, computers and electronic and optical products were recorded as the sub-sectors with the highest increase in the indices with 82.84%, machinery and equipment with 79.98%, and tobacco products with 75.89%.
According to the monthly YD-PPI, 16 sub-sectors showed lower changes and 9 sub-sectors showed higher changes.
In this context, printing and recording services were calculated as the sub-sectors where the indices showed the highest decrease with 6.54%, tobacco products with 4.11%, and paper and paper products with 0.94%. On the other hand, coke and refined petroleum products with 7.93%, computers and electronic and optical products with 3.99%, and furniture with 3.61% were the sub-sectors where the indices increased the most.
Source: Trthaber / Prepared by Irem Yildiz