Producer inflation was 49.41 percent in August

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

Thus, the D-PPI in August 2023 is 5.89 percent compared to the previous month, 31.59 percent compared to December of the previous year, 49.41 percent compared to the same month of the previous year and 71.97 percent. percent based on twelve-month averages. .

The highest monthly producer inflation this year was recorded last month.

The D-PPI, which increased 4.15 percent monthly in January, 1.56 percent in February, 0.44 percent in March, 0.81 percent in April, 0.65 percent in May and 6.50 percent in June, increased 8.23 ​​percent in July. .

THE GREATEST INCREASE IN WATER SUPPLY AND NON-DURABLE CONSUMER GOODS

Annual changes in the four industry sectors; Increase of 66.42 percent in mining and quarrying, increase of 54.41 percent in manufacturing, decrease of 8.21 percent in production and distribution of electricity and gas, and increase of 67.09 percent in the supply of water.

Annual variations of the main industrial groups; 46.41 percent in intermediate goods, 61.05 percent in durable consumer goods, 66.46 percent in non-durable consumer goods, 20.70 percent in energy, and 64.88 percent in capital goods.

HIGHEST MONTHLY INCREASE IN ENERGY

Monthly changes in the four industry sectors; an increase of 9.99 percent in mining and quarrying, 5.41 percent in manufacturing, 10.16 percent in production and distribution of electricity and gas, and 6.88 percent in water supply.

Monthly variations of the main industrial groups; Increase of 3.83 percent in intermediate goods, 8.74 percent in durable consumer goods, 5.67 percent in non-durable consumer goods, 14.27 percent in energy and 4.04 percent in consumer goods capital.