Home News Domestic producer price index in Turkey increased by 11.53% in August 2020

Domestic producer price index in Turkey increased by 11.53% in August 2020

431
0

Domestic Producer Price Index, August 2020 in Turkey

D-PPI (2003=100) increased by 2.35% on monthly basis, increased by 10.52% on December of the previous year basis, increased by 11.53% on same month of the previous year basis and increased by 6.71% on the twelve months moving averages basis in August 2020.

D-PPI rate of changes (%), August 2020

D-PPI annual rate of change (%), August 2020

Manufacturing increased by 12.29% annually

D-PPI in four main sectors of industry increased by 13.26% for mining and stone quarrying, increased by 12.29% for manufacturing, increased by 0.14% for electricity, gas, steam and air conditioning, increased by 11.33% for water supply, annually.

The indices of main industrial groups; increased by 13.58% for intermediate goods, increased by 17.08% for durable consumer goods, increased by 10.17% for non-durable consumer goods, decreased by 1.64% for energy, increased by 18.09% for capital goods, annually.

D-PPI annual rate of changes (%), August 2020

Manufacturing increased by 2.97% monthly

D-PPI in four main sectors of industry increased by 4.70% for mining and stone quarrying, increased by 2.97% for manufacturing, decreased by 7.29% for electricity, gas, steam and air conditioning, increased by 0.69% for water supply, monthly.

The indices of main industrial groups; increased by 3.78% for intermediate goods, increased by 2.99% for durable consumer goods, increased by 0.90% for non-durable consumer goods, decreased by 1.91% for energy, increased by 3.52% for capital goods, monthly.

D-PPI monthly rate of changes (%), August 2020

The highest annual decrease was in crude petroleum and natural gas by 11.14%

The highest rates of annual decrease in D-PPI by sub divisions of industry were the indices for crude petroleum and natural gas by 11.14%, for tobacco products by 9.02%, for coke and refined petroleum products by 7.65%. On the other hand the highest rates of annual increase in D-PPI by sub divisions of industry were for metal ores by 39.05%, for other manufactured goods by 32.96%, for motor vehicles, trailers and semi trailers by 21.05%.

Annual rate of change for sectors of D-PPI (%), August 2020

The highest monthly decrease was in electricity, gas, steam and air conditioning by 7.29%

The highest rates of monthly decrease in D-PPI by sub divisions of industry were index for electricity, gas, steam and air conditioning by 7.29%.On the other hand the highest rates of monthly increase in D-PPI by sub divisions of industry were crude petroleum and natural gas by 24.41%, metal ores by 10.41%, other manufactured goods by 8.27%.

Monthly rate of change for sectors of D-PPI (%), August 2020

The next release on this subject will be on October 05, 2020.


Source: TurkStat
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


Previous articleConsumer price index in Turkey increased by 0.86% in August 2020
Next articleIstanbul Chamber of Industry Turkey Manufacturing PMI in Turkey realized as 54.3 in August 2020

LEAVE A REPLY

Please enter your comment!
Please enter your name here