Turkey's domestic producer inflation exceeds 136 pct in November
Domestic Producer Price Index (D-PPI) increased by 136.02% on annual basis, by 0.74% on monthly basis, the Turkish Statistical Institute said in a statement on Monday.
D-PPI (2003=100) increased by 0.74% on monthly basis, by 98.20% on December of the previous year basis, by 136.02% on same month of the previous year basis and by 128.94% on the twelve months moving averages basis in November 2022.
Manufacturing increased by 107.64% annually
D-PPI in four main sectors of industry increased by 146.43% for mining and stone quarrying, by 107.64% for manufacturing, by 442.97% for electricity, gas, steam and air conditioning, by 114.41% for water supply, annually.
The indices of main industrial groups; increased by 103.78% for intermediate goods, by 93.87% for durable consumer goods, by 124.66% for non-durable consumer goods, by 337.34% for energy, by 86.41% for capital goods, annually.
Manufacturing increased by 2.01% monthly
D-PPI in four main sectors of industry increased by 4.99% for mining and stone quarrying, increased by 2.01% for manufacturing, decreased by 5.17% for electricity, gas, steam and air conditioning, increased by 3.39% for water supply, monthly.
The indices of main industrial groups; increased by 1.88% for intermediate goods, increased by 2.62% for durable consumer goods, increased by 2.68% for non-durable consumer goods, decreased by 4.24% for energy, increased by 2.83% for capital goods, monthly.
Compared to general D-PPI, lower annual change observed in 21 subdivisions while 8 subdivisions were higher
The lowest rates of annual increase in D-PPI by subdivisions of industry were the indices for basic metals by 64.45%, for other transport equipment by 65.31%, for metal ores by 74.89%. On the other hand the highest rates of annual increase in D-PPI by subdivisions of industry were indices for electricity, gas, steam and air conditioning by 442.97%, for other non-metallic mineral products by 203.36%, for crude petroleum and natural gas by 202.77%.
Compared to general D-PPI, lower monthly change observed in 6 subdivisions while 23 subdivisions were higher
The highest rates of monthly decrease in D-PPI by subdivisions of industry were the indices for electricity, gas, steam and air conditioning by 5.17%, for coke and refined petroleum products by 2.02%, for basic metals by 0.70%.
On the other hand, the highest rates of monthly increase in D-PPI by subdivisions of industry were indices for other mining and quarrying products by 7.04%, for leather and related products by 4.92%, for paper and paper products by 4.10%. (ILKHA)