Inflation of foreign producers was 59.2 percent in August

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

Accordingly, the YD-PPI in August 2023 was 1.95 percent compared to the previous month, 48.50 percent compared to December of the previous year, 59.24 percent compared to the same month of the previous year and 55.86 percent according to the twelve-month averages. increase.

THE ANNUAL INCREASE IN MANUFACTURING IS 59.3 PERCENT

Annual changes in two industry sectors; The increase was 54.28 percent in mining and quarrying and 59.33 percent in manufacturing.

Annual changes of the main industrial groups; The increase was 50.89 percent in intermediate goods, 65.91 percent in durable consumer goods, 60.55 percent in non-durable consumer goods, 44.19 percent in energy and 69.54 percent in capital goods.

Monthly changes of two industry sectors; The increase was 2.17 percent in mining and quarrying and 1.94 percent in manufacturing.

Monthly changes of the main industrial groups; The increase was 0.81 percent in intermediate goods, 2.84 percent in durable consumer goods, 1.87 percent in non-durable consumer goods, 7.93 percent in energy and 1.92 percent on capital goods.

THE GREATEST INCREASE IS FOUND IN COMPUTER AND ELECTRONIC PRODUCTS

Among the YD-PPI sectors, printing and recording services, base metals, 41.45 percent, coke and refined petroleum products, 44.19 percent were the subsectors where the indices increased the least.

For their part, computers and electronic and optical products with 82.84 percent, machinery and equipment with 79.98 percent and tobacco products with 75.89 percent were the subsectors where the rates increased the most.