Foreign producer inflation was 40.10 percent annually in April

The Turkish Statistical Institute (TUIK) announced the Foreign Producer Price Index (YD-PPI) for March.

Thus, in March 2023, in YD-PPI, 2.43% compared to the previous month, 8.74% compared to December of the previous year, 40.10% compared to the same month of the previous year and according to twelve-month averages increased for 73.63.

YD-PPI had risen 1.65% monthly and 40.35 percent annually in March.

Annual variations of the two industry sectors; an increase of 34.14 percent in the extractive industries and 40.21 percent in the manufacturing industry.

THE GREATEST INCREASE IS IN CAPITAL GOODS

Annual variations of the main industrial groups; Increase of 38.34 percent in intermediate goods, 44.23 percent in durable consumer goods, 40.77 percent in non-durable consumer goods, 14.70 percent in energy and 44.90 percent in consumer goods. capital.

Monthly variations of the two industry sectors; 2.20 percent increase in mining and extraction, 2.43 percent increase in manufacturing.

Monthly variations of the main industrial groups; an increase of 2.04 percent in intermediate goods, 2.15 percent in durable consumer goods, 2.48 percent in non-durable goods, 0.11 percent in energy and 3.84 percent in capital goods .

According to the annual YD-PPI, 9 sub-sectors changed lower and 16 sub-sectors showed higher changes.

SECTORS WITH HIGHEST MONTHLY INCREASE

Among the YD-PPI sectors, coke and refined petroleum products were the subsectors where the indices increased the least at 14.70 percent, metallic minerals at 17.72 percent and base metals at 28.20. percent.

For their part, beverages were 64.15 percent, other non-metallic mineral products 55.80 percent, machines and equipment 53.24 percent, the subsectors where the rates increased the most.

According to the monthly YD-PPI, 13 sub-sectors changed lower and 12 sub-sectors showed higher changes.

Printing and recording services at 0.74 percent, beverages at 0.72 percent and computers, electronics and optics at 0.05 percent, among the YD-PPI sectors, were the subsectors where the indices fell the most.

On the other hand, other manufactures with 4.14 percent, motor vehicles, trailers and semi-trailers with 4.11 percent, machinery and equipment with 3.89 percent, were the subsectors where the indices increased the most.