Inflation of foreign producers was 57.25 percent in September

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

According to this; In September 2023, it decreased by 0.59 percent compared to the previous month, increased by 47.62 percent compared to December of the previous year, increased by 57.25 percent compared to the same month of the previous year and increased by 53.10 percent compared to twelve months. monthly averages.

ANNUAL INCREASE IN MANUFACTURING 57.37 PERCENT

Annual changes in two industry sectors; The increase was 50.33 percent in mining and quarrying and 57.37 percent in manufacturing.

Annual changes of the main industrial groups; The increase was 48.44 percent in intermediate goods, 61.32 percent in durable consumer goods, 58.33 percent in non-durable consumer goods, 55.87 percent in energy and 66.58 percent in capital goods.

The monthly changes in the two industry sectors are; There was a 0.58 percent decline in mining and quarrying and a 0.59 percent decline in manufacturing.

Monthly changes of the main industrial groups; There was a 0.97 percent decrease in intermediate goods, a 1.54 percent decrease in durable consumer goods, a 0.31 percent increase in non-durable consumer goods, a 2, 48 percent in energy and a decrease of 1.40 percent in capital goods.

SUBSECTORS

Among the YD-PPI sectors, basic metals, printing and recording services, 42.33 percent, paper and paper products, 42.98 percent were the subsectors where the indices increased the least.

For their part, machinery and equipment, tobacco products, 76.98 percent, computers and electronic and optical products, 74.30 percent were the subsectors where the indices increased the most.

Among the YD-PPI sectors, motor vehicles, trailers and semi-trailers were the subsectors where the indices showed the largest decrease with 2.23 percent, base metals with 2.21 percent and other manufactured products with a 1.77 percent.

On the other hand, printing and recording services with 3.18 percent, coke and petroleum refining products with 2.48 percent and food products with 1.23 percent were the subsectors where the indices they increased more.