Domestic producer index in Turkey rises by 54.62% annually
Domestic producer price index (D-PPI) increased by 54.62% on annual basis, by 9.99% on monthly basis, the Turkish Statistical Institute said in a statement on Friday.
D-PPI (2003=100) increased by 9.99% on monthly basis, by 51.06% on December of the previous year basis, by 54.62% on same month of the previous year basis and by 38.94% on the twelve months moving averages basis in November.
Manufacturing increased by 53.24% annually
D-PPI in four main sectors of industry increased by 44.53% for mining and stone quarrying, by 53.24% for manufacturing, by 72.42% for electricity, gas, steam and air conditioning, by 33.08% for water supply, annually.
The indices of main industrial groups; increased by 63.12% for intermediate goods, by 32.17% for durable consumer goods, by 34.33% for non-durable consumer goods, by 90.34% for energy, by 33.30% for capital goods, annually.
Manufacturing increased by 9.55% monthly
D-PPI in four main sectors of industry increased by 11.64% for mining and stone quarrying, by 9.55% for manufacturing, by 14.33% for electricity, gas, steam and air conditioning, by 1.00% for water supply, monthly.
The indices of main industrial groups; increased by 11.55% for intermediate goods, by 5.15% for durable consumer goods, by 6.43% for non-durable consumer goods, by 13.33% for energy, by 7.91% for capital goods, monthly.
Compared to general D-PPI, lower annual change observed in 20 subdivisions while 9 subdivisions were higher
The lowest rates of annual increase in D-PPI by subdivisions of industry were the indices for wearing apparel by 12.60%, for leather and related products by 19.66%, for other mining and quarrying products by 22.23%.
On the other hand, the highest rates of annual increase in D-PPI by subdivisions of industry were indices for coke and refined petroleum products by 145.94%, for crude petroleum and natural gas by 116.51%, for basic metals by 97.13%.
Compared to general D-PPI, lower monthly change observed in 19 subdivisions while 10 subdivisions were higher
The only subdivision that there was no monthly change was tobacco products. The lowest rates of annual increase in D-PPI by subdivisions of industry were the indices for basic pharmaceutical products and pharmaceutic preparations by 0.23%, for water; water treatment and supply services by 1.00%, for beverages by 2.14%.
On the other hand, the highest rates of monthly increase in D-PPI by subdivisions of industry were index for crude petroleum and natural gas by 20.67%, for coal and lignite by 16.72%, for textiles by 14.37%. (ILKHA)