Producer inflation was 76.61 percent in February

The Turkish Statistical Institute (TUIK) announced the National Producer Price Index (D-PPI) for February 2023.

Consequently, the D-IPP (2003=100) in February 2023 was 1.56 percent with respect to the previous month, 5.78 percent with respect to December of the previous year, 76.61 percent with respect to the same month of the prior year and twelve-month averages increased. by 120.72 percent.

Source: TURKSTAT

152.11 PERCENT IN ENERGY

Annual variations in the four industry sectors; an increase of 93.92 percent in mining and quarrying, 65.68 percent in manufacturing, 152.11 percent in production and distribution of electricity and gas, and 103.60 percent in water supply.

Annual variations of the main industrial groups; The increase was 57.05 percent in intermediate goods, 60.34 percent in durable consumer goods, 92.95 percent in non-durable consumer goods, 129.50 percent in energy, and 58.04 percent in capital goods.

THE SMALLEST INCREASE IS IN METALS WITH 29 PERCENT

Monthly variations in the four industry sectors; The extractive industry increased 2.39 percent, manufacturing increased 2.63 percent, electricity and gas production and distribution decreased 6.78 percent, and water supply increased 0.90 percent.

Monthly variations of the main industrial groups; Increase of 2.76 percent in intermediate goods, increase of 1.89 percent in durable consumer goods, increase of 3.14 percent in non-durable consumer goods, decrease of 4.47 percent in energy and increase in 3.38 percent in capital goods.

The lowest annual increase; It was carried out in the subsectors of basic metals with 29.40 percent, paper and paper products with 40.03 percent and metallic minerals with 43.08 percent.

On the other hand, electricity, gas, steam and air conditioning with 152.11 percent, other extractive products with 144.73 percent and beverages with 133.17 percent were the subsectors where the indices increased the most.