Overseas Producer Price Index (YD-PPI) increased by 1.65% on a monthly basis and 40.35% annually in March.
Turkish Statistical Institute announced the YD-PPI data for March.
Accordingly, in March, YD-PPI increased by 1.65% monthly, by 40.35% compared to the same month of the previous year, by 6.16% compared to December of last year and by 79.2% compared to the twelve-month averages.
Looking at the annual changes in the two sectors of the industry, there was an increase of 33.63% in mining and quarrying, and 40.48% in manufacturing.
Considering the annual changes of the main industrial groups, an increase of 39.26% in intermediate goods, 42.80% in durable consumer goods, 39.44% in non-durable consumer goods, 23.04% in energy and 44.24% in capital goods were observed.
The monthly changes in the two sectors of the industry were calculated as 1.35% increase in mining and quarrying and 1.66% increase in manufacturing.
The monthly changes in the main industrial groups were 1.69% in intermediate goods, 2.35% in durable goods, 1.42% in non-durable goods, 2.79% in energy and 1.25% in capital goods.
According to the annual YD-PPI, 9 sub-sectors changed lower and 16 sub-sectors showed higher changes.
Among the YD-PPI sectors, metal ores by 15.9%, coke and refined petroleum products by 23.04%, and basic metals by 30.03% were the sub-sectors in which the indices increased the least. On the other hand, beverages were determined as 64.70%, other non-metallic mineral products 56.47%, and 55.18%, excluding fabricated metal products, machinery and equipment, as the sub-sectors where the indices increased the most.
According to the monthly YD-PPI, 15 sub-sectors changed lower and 10 sub-sectors showed higher changes.
When looked at monthly, it was seen that the only sub-sector that decreased was computers, electronic and optical products with 0.10%. On the other hand, beverages with 6.62%, other manufactured goods by 4.08% and basic metals with 3.25% were recorded as the sub-sectors where the indices increased the most.
Source: AA / Prepared by Irem Yildiz