Domestic producer price index increases by 11.53% on annual basis in Turkey
Domestic producer price index (D-PPI) has increased by 11.53% on annual basis, increased by 2.35% on monthly basis, Turkish Statistical Institute said in a statement on Thursday.
According to the statement, D-PPI (2003=100) increased by 2.35% on monthly basis, increased by 10.52% on December of the previous year basis, increased by 11.53% on same month of the previous year basis and increased by 6.71% on the twelve months moving averages basis in August 2020.
Manufacturing increased by 12.29% annually
D-PPI in four main sectors of industry increased by 13.26% for mining and stone quarrying, increased by 12.29% for manufacturing, increased by 0.14% for electricity, gas, steam and air conditioning, increased by 11.33% for water supply, annually.
The indices of main industrial groups; increased by 13.58% for intermediate goods, increased by 17.08% for durable consumer goods, increased by 10.17% for non-durable consumer goods, decreased by 1.64% for energy, increased by 18.09% for capital goods, annually.
Manufacturing increased by 2.97% monthly
D-PPI in four main sectors of industry increased by 4.70% for mining and stone quarrying, increased by 2.97% for manufacturing, decreased by 7.29% for electricity, gas, steam and air conditioning, increased by 0.69% for water supply, monthly.
The indices of main industrial groups; increased by 3.78% for intermediate goods, increased by 2.99% for durable consumer goods, increased by 0.90% for non-durable consumer goods, decreased by 1.91% for energy, increased by 3.52% for capital goods, monthly.
The highest annual decrease was in crude petroleum and natural gas by 11.14%
The highest rates of annual decrease in D-PPI by sub divisions of industry were the indices for crude petroleum and natural gas by 11.14%, for tobacco products by 9.02%, for coke and refined petroleum products by 7.65%. On the other hand, the highest rates of annual increase in D-PPI by sub divisions of industry were for metal ores by 39.05%, for other manufactured goods by 32.96%, for motor vehicles, trailers and semi-trailers by 21.05%.
The highest monthly decrease was in electricity, gas, steam and air conditioning by 7.29%
The highest rates of monthly decrease in D-PPI by sub divisions of industry were index for electricity, gas, steam and air conditioning by 7.29%.On the other hand the highest rates of monthly increase in D-PPI by sub divisions of industry were crude petroleum and natural gas by 24.41%, metal ores by 10.41%, other manufactured goods by 8.27%.
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