Turkey: Domestic producer price index increases by 14.33% on annual basis

D-PPI (2003=100) increased by 2.65% on monthly basis, increased by 13.44% on December of the previous year basis, increased by 14.33% on same month of the previous year basis and increased by 7.71% on the twelve months moving averages basis in September 2020, according to the statement.

Manufacturing increased by 15.52% annually

D-PPI in four main sectors of industry increased by 16.87% for mining and stone quarrying, increased by 15.52% for manufacturing, decreased by 2.62% for electricity, gas, steam and air conditioning, increased by 13.25% for water supply, annually.

The indices of main industrial groups; increased by 17.91% for intermediate goods, increased by 19.72% for durable consumer goods, increased by 12.74% for non-durable consumer goods, decreased by 4.23% for energy, increased by 21.09% for capital goods, annually.

Manufacturing increased by 2.83% monthly

D-PPI in four main sectors of industry increased by 2.29% for mining and stone quarrying, increased by 2.83% for manufacturing, increased by 0.19% for electricity, gas, steam and air conditioning, increased by 1.96% for water supply, monthly.

The indices of main industrial groups; increased by 3.63% for intermediate goods, increased by 2.63% for durable consumer goods, increased by 1.75% for non-durable consumer goods, decreased by 0.01% for energy, increased by 2.90% for capital goods, monthly.

The highest annual decrease was in tobacco products by 13.73%

The highest rates of annual decrease in D-PPI by sub divisions of industry were the indices for tobacco products by 13.73%, for coke and refined petroleum products by 12.77%, for electricity, gas, steam and air conditioning by 2.62%. On the other hand, the highest rates of annual increase in D-PPI by sub divisions of industry were for metal ores by 46.21%, for other manufactured goods by 32.35%, for basic metals by 25.87%.

The highest monthly decrease was in coke and refined petroleum products by 1.66%

The highest rates of monthly decrease in D-PPI by sub divisions of industry was index for coke and refined petroleum products by 1.66%. On the other hand, the highest rates of monthly increase in D-PPI by sub divisions of industry were basic metals by 5.74%, crude petroleum and natural gas by 5.69%, computer, electronic and optical products by 4.49%. (ILKHA)