Türkiye's non-domestic PPI rises by 48.13% annually

Non-Domestic Producer Price Index (ND-PPI) increased by 48.13% annually, by 0.42% monthly, the Turkish Statistical Institute said in a statement on Monday.

Ekleme: 20.03.2023 11:56:24 / Güncelleme: 20.03.2023 11:56:24 / English News / Ankara Haberleri
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D-PPI (2010=100) increased by 0.42% monthly, by 4.44% on December of the previous year, by 48.13% on same month of the previous year and by 85.79% on the twelve months moving averages basis in February 2023.

Manufacturing increased by 48.24% annually

ND-PPI in two main sectors of industry increased by 42.66% for mining and stone quarrying, by 48.24% for manufacturing compared with the previous year.

The indices of main industrial groups; increased by 47.78% for intermediate goods, by 49.10% for durable consumer goods, by 46.06% for non-durable consumer goods, by 55.41% for energy, by 49.38% for capital goods, annually.

Manufacturing increased by 0.39% monthly

ND-PPI in two main sectors of industry increased by 2.25% for mining and stone quarrying, by 0.39% for manufacturing compared with the previous month.

The indices of main industrial groups; increased by 1.01% for intermediate goods, decreased by 0.16% for durable consumer goods, increased by 0.80% for non-durable consumer goods, decreased by 3.98% for energy, increased by 0.52% for capital goods, monthly.

Compared to general ND-PPI, lower annual change observed in 10 subdivisions while 15 subdivisions were higher

The lowest rates of annual increase in ND-PPI by subdivisions of industry were the indices for metal ores by 28.40%, for wearing apparel by 35.70%, for basic metals by 38.17%. On the other hand, the highest rates of annual increase in ND-PPI by subdivisions of industry were indices for other non-metallic mineral products by 70.71%, for computer, electronic and optical products by 67.53%, for beverages by 67.34%.

Compared to general ND-PPI, lower monthly change observed in 7 subdivisions while 18 subdivisions were higher

The highest rates of monthly decrease in ND-PPI by subdivisions of industry were the indices for coke and refined petroleum products by 3.98%, for computer, electronic and optical products by 2.61%, for motor vehicles, trailers and semi-trailers by 0.37%. On the other hand the highest rates of monthly increase in ND-PPI by subdivisions of industry were indices for metal ores by 3.00%, for machinery and equipment n.e.c. by 1.85%, for rubber and plastic products by 1.59%. (ILKHA)