Turkey: Non-domestic producer price index rises by 35.31% annually

ND-PPI (2010=100) increased by 7.14% monthly and by 10.76% on December of the previous year, by 35.31% on same month of the previous year and by 29.45% on the twelve months moving averages basis in April 2021.

Manufacturing increased by 35.29% annually

ND-PPI in two main sectors of industry increased by 36.54% for mining and quarrying, by 35.29% for manufacturing compared with the previous year.

The indices of main industrial groups; increased by 40.65% for intermediate goods, by 32.83% for durable consumer goods, by 28.10% for non-durable consumer goods, by 209.98% for energy, by 25.98% for capital goods, annually.

Manufacturing increased by 7.14% monthly

ND-PPI in two main sectors of industry increased by 7.29% for mining and quarrying, by 7.14% for manufacturing compared with the previous month.

The indices of main industrial groups; increased by 8.89% for intermediate goods, by 6.92% for durable consumer goods, by 5.71% for non-durable consumer goods, by 7.05% for energy, by 6.03% for capital goods, monthly.

The lowest annual increase was in other transport equipment by 17.66%

The lowest rates of annual increase in ND-PPI by subdivisions of industry were for other transport equipment by 17.66%, for basic pharmaceutical products and pharmaceutic preparations by 19.35%, for printing and recording services by 20.49%. On the other hand, the highest rates of annual increase in ND-PPI by subdivisions of industry were for coke and refined petroleum products by 209.98%, for metal ores by 56.39%, for basic metals by 51.60%.

The lowest monthly increase was in wearing apparel by 4.38%

The lowest rates of monthly increase in ND-PPI by subdivisions of industry were for wearing apparel by 4.38%, for printing and recording services by 4.65%, for leather and related products by 4.75%. On the other hand, the highest rates of monthly increase in ND-PPI by subdivisions of industry were for chemicals and chemical products by 10.86, for fabricated metal products, except machinery and equipment by 9.81%, for basic metals by 9.13%. (ILKHA)