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Non-domestic PPI in Turkiye rises 1.35% MoM, 57.25% YoY in Oct 2023

21 Nov '23
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • The non-domestic producer price index in Turkiye increased in October this year by 1.35 per cent month on month (MoM) and 57.25 per cent year on year (YoY).
  • The index for manufacturing rose by 57.30 per cent YoY and 1.33 per cent MoM.
  • However, the index for energy rose by 43.75 per cent YoY and decreased by 6.91 per cent MoM during the month.
The non-domestic producer price index (ND-PPI) in Turkiye increased in October this year by 1.35 per cent month on month (MoM), by 49.61 per cent on the December 2022 figure, by 57.25 per cent year on year (YoY) and by 51.04 per cent on the twelve-months moving averages basis.

The index for manufacturing increased by 57.30 per cent YoY and 1.33 per cent MoM, according to an official release.

The indices for intermediate goods, durable consumer goods, non-durable consumer goods, energy and capital goods increased by 49.77 per cent, 62.19 per cent, 61.27 per cent, 43.75 per cent and 65.49 per cent YoY respectively.

The indices for intermediate goods, durable consumer goods, non-durable consumer goods and capital goods increased by 1.72 per cent, 2.27 per cent, 3.39 per cent and 1.3 per cent MoM respectively. The index for energy decreased by 6.91 per cent MoM.

Fibre2Fashion News Desk (DS)

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