Non-domestic producer price index increases by 33.15% annually in Turkey
Non-domestic producer price index (ND-PPI) increased by 33.15% annually and 3.08% monthly in Turkey, the country’s statistical institute said in a statement on Tuesday.
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According to the statement, ND-PPI (2010=100) increased by 3.08% monthly, by 29.86% on December of the previous year, by 33.15% on same month of the previous year and by 13.89% on the twelve months moving averages basis in September 2020.
Manufacturing increased by 33.13% annually
ND-PPI in two main sectors of industry increased by 34.47% for mining and quarrying, by 33.13% for manufacturing compared with the previous year.
The indices of main industrial groups; increased by 32.02% for intermediate goods, by 39.59% for durable consumer goods, by 32.16% for non-durable consumer goods, decreased by 23.23% for energy, increased by 39.21% for capital goods, annually.
Manufacturing increased by 3.05% monthly
ND-PPI in two main sectors of industry increased by 4.50% for mining and quarrying, by 3.05% for manufacturing compared with the previous month.
The indices of main industrial groups; increased by 3.14% for intermediate goods, by 3.30% for durable consumer goods, by 3.12% for non-durable consumer goods, by 0.68% for energy, by 3.03% for capital goods, monthly.
The only annual decrease was in coke and refined petroleum products by 23.23%
The only rate of annual decrease in ND-PPI by subdivisions of industry was for coke and refined petroleum products by 23.23%. On the other hand, the highest rates of annual increase in ND-PPI by subdivisions of industry were for other manufactured goods by 52.84%, for tobacco products by 41.22%, for machinery and equipment n.e.c. by 41.22%.
The lowest monthly increase was in coke and refined petroleum products by 0.68%
The lowest rates of monthly increase in ND-PPI by subdivisions of industry were for coke and refined petroleum products by 0.68%, for tobacco products by 0.70%, for other manufactured goods by 1.88%. On the other hand, the highest rates of monthly increase in ND-PPI by subdivisions of industry were for metal ores by 6.36%, for computer, electronic and optical products by 4.39%, for textiles by 3.94%. (ILKHA)