Turkey’s domestic producer price index rises by 8.50% on annual basis

Domestic producer price index increased by 0.87% on monthly basis, increased by 3.22% on December of the previous year basis, increased by 8.50% on same month of the previous year basis and increased by 12.61% on the twelve months moving averages basis in March 2020.

Manufacturing increased by 7.79% annually

D-PPI in four main sectors of industry increased by 10.90% for mining and stone quarrying, increased by 7.79% for manufacturing, increased by 18.08% for electricity, gas, steam and air conditioning, increased by 5.51% for water supply, annually.

The indices of main industrial groups; increased by 7.04% for intermediate goods, increased by 11.43% for durable consumer goods, increased by 13.25% for non-durable consumer goods, increased by 1.53% for energy, increased by 9.99% for capital goods, annually.

Manufacturing increased by 0.91% monthly

D-PPI in four main sectors of industry decreased by 0.32% for mining and stone quarrying, increased by 0.91% for manufacturing, increased by 0.99% for electricity, gas, steam and air conditioning, increased by 0.43% for water supply, monthly.

The indices of main industrial groups; increased by 2.03% for intermediate goods, increased by 1.35% for durable consumer goods, increased by 1.76% for non-durable consumer goods, decreased by 6.82% for energy, increased by 2.01% for capital goods, monthly.

The highest annual decrease was in coke and refined petroleum products by 25.70%

The highest rates of annual decrease in D-PPI by subdivisions of industry were the indices for coke and refined petroleum products by 25.70%, for crude petroleum and natural gas by 1.50. On the other hand, the highest rates of annual increase in D-PPI by sub divisions of industry were for tobacco products by 46.19%, for metal ores by 20.08%, for electricity, gas, steam and air conditioning by 18.08%.

The highest monthly decrease was in coke and refined petroleum products by 22.46%

The highest rates of monthly decrease in D-PPI by subdivisions of industry were index for coke and refined petroleum products by 22.46%, for crude petroleum and natural gas by 14.79%, for tobacco products by 3.74%. On the other hand, the highest rates of monthly increase in D-PPI by sub divisions of industry were basic pharmaceutical products and pharmaceutic preparations by 7.71%, for basic metals by 3.39%, for other manufactured goods by 2.90%. (ILKHA)