Turkey: Domestic producer price index rises by 43.96% on annual basis

D-PPI (2003=100) increased by 1.55% on monthly basis, increased by 30.50% on December of the previous year basis, increased by 43.96% on same month of the previous year basis and increased by 33.83% on the twelve months moving averages basis in September 2021.

Manufacturing increased by 43.68% annually

D-PPI in four main sectors of industry increased by 28.39% for mining and stone quarrying, increased by 43.68% for manufacturing, increased by 50.10% for electricity, gas, steam and air conditioning, increased by 30.15% for water supply, annually.

The indices of main industrial groups; increased by 51.62% for intermediate goods, increased by 29.25% for durable consumer goods, increased by 30.48% for non-durable consumer goods, increased by 62.38% for energy, increased by 26.33% for capital goods, annually.

Manufacturing increased by 1.63% monthly

D-PPI in four main sectors of industry decreased by 0.36% for mining and stone quarrying, increased by 1.63% for manufacturing, increased by 1.34% for electricity, gas, steam and air conditioning, increased by 3.18% for water supply, monthly.

 The indices of main industrial groups; increased by 1.56% for intermediate goods, increased by 2.73% for durable consumer goods, increased by 0.97% for non-durable consumer goods, increased by 1.87% for energy, increased by 1.98% for capital goods, monthly.

Compared to general D-PPI, lower annual change observed in 22 subdivisions while 7 subdivisions were higher

The lowest rates of annual increase in D-PPI by subdivisions of industry were the indices for wearing apparel by 9.81%, for leather and related products by 11.16%, for other manufactured goods by 12.04%. 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 102.01%, for basic metals by 91.73%, for wood and products of wood and cork, except furniture by 68.53%.

Compared to general D-PPI, lower monthly change observed in 17 subdivisions while 12 subdivisions were higher

Monthly decrease in D-PPI by subdivisions of industry were the indices for crude petroleum and natural gas by 4.82%, for metal ores by 1.60%. On the other hand, the highest rates of monthly increase in D-PPI by subdivisions of industry were indices for other transport equipment by 4.49%, for coal and lignite by 4.00%, for coke and refined petroleum products by 3.37%. (ILKHA)