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Turkey’s non-domestic producer inflation rises by 97.11 annually—statistical agency
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ND-PPI (2003=100) increased by 2.61% monthly, by 16.35% on December of the previous year, by 97.11% on same month of the previous year and by 64.83% on the twelve months moving averages basis in April.

Manufacturing increased by 97.07% annually

ND-PPI in two main sectors of industry increased by 98.92% for mining and stone quarrying, by 97.07% for manufacturing compared with the previous year.

The indices of main industrial groups; increased by 110.21% for intermediate goods, by 84.97% for durable consumer goods, by 79.62% for non-durable consumer goods, by 241.59% for energy, by 82.39% for capital goods, annually.

Manufacturing increased by 2.63% monthly

ND-PPI in two main sectors of industry increased by 1.81% for mining and stone quarrying, by 2.63% for manufacturing compared with the previous month.

The indices of main industrial groups; increased by 2.72% for intermediate goods, by 1.14% for durable consumer goods, by 1.52% for non-durable consumer goods, by 7.39% for energy, by 3.37% for capital goods, monthly.

Compared to general ND-PPI, lower annual change observed in 16 subdivisions while 9 subdivisions were higher

The lowest rates of annual increase in ND-PPI by subdivisions of industry were the indices for wearing apparel by 63.12%, for tobacco products by 68.67%, for beverages by 73.86%.

On the other hand, the highest rates of annual increase in ND-PPI by subdivisions of industry were indices for coke and refined petroleum products by 241.59%, for basic metals by 134.36%, for wood and products of wood and cork, except furniture by 110.69%.

Compared to general ND-PPI, lower monthly change observed in 17 subdivisions while 8 subdivisions were higher

The highest rates of monthly decrease in ND-PPI by subdivisions of industry were the indices for beverages by 0.38%, for wearing apparel by 0.21%, for tobacco products by 0.20%.

On the other hand, the highest rates of monthly increase in ND-PPI by subdivisions of industry were indices for fabricated metal products, except machinery and equipment by 9.26%, for coke and refined petroleum products by 7.39%, for paper and paper products by 4.59%. (ILKHA)



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