Overseas Producer Price Index (YD-PPI) increased by 0.42% on a monthly basis and 48.13% annually in February.
Turkish Statistical Institute announced the YD-PPI data for February.
Accordingly, there was a monthly increase of 0.42% in YD-PPI in February, 48.13% compared to the same month of the previous year, 4.44% compared to December of the previous year and 85.79% compared to the twelve-month averages.
Looking at the annual changes in the two sectors of the industry, there was an increase of 42.66% in mining and quarrying, and an increase of 48.24% in manufacturing.
Considering the annual changes of the main industrial groups, an increase of 47.78% in intermediate goods, 49.1% in durable goods, 46.06% in non-durable goods, 55.41% in energy and 49.38% in capital goods were observed.
The monthly changes in the two sectors of the industry were 2.25% in mining and quarrying, and 0.39% in manufacturing.
The monthly changes in the main industrial groups were 1.01% in intermediate goods, 0.52% in capital goods, 0.8% increase in non-durable consumer goods, 3.98% decrease in energy and 0.16% decrease in durable consumption goods.
According to the annual YD-PPI, 10 sub-sectors changed lower and 15 sub-sectors showed higher changes.
Among the YD-PPI sectors, metal ores with 28.4%, clothing items with 35.7%, and basic metals with 38.17% were recorded as the sub-sectors with the least increase in indices. On the other hand, other non-metallic mineral products with 70.71%, computers and electronic and optical products with 67.53% and beverages with 67.34% were the sub-sectors where the indexes increased the most.
According to the monthly YD-PPI, 7 sub-sectors changed lower and 18 sub-sectors showed higher changes.
On a monthly basis, coke and refined petroleum products from the YD-PPI sectors were determined as 3.98%, computers and electronic and optical products by 2.61%, motor land vehicles, trailers and semi-trailers with 0.37%, the sub-sectors in which the indices decreased the most. On the other hand, metal ores with 3%, machinery and equipment with 1.85%, rubber and plastic products with 1.59% were calculated as the sub-sectors with the highest increase in indexes.
Source: Trthaber / Prepared by Irem Yildiz