According to the figures released by the Turkish Statistical Institute (TUIK), in September this year Turkish producers' foreign sales price index (PPI)* in general remained almost stable from August and was down 2.1 percent year on year, while an average rise of 6.8 percent was registered for the latest 12 months.
In September this year, the foreign sales prices of producers in the Turkish domestic basic metal industry grew by 0.2 percent on month-on-month basis and were down 0.13 percent compared to the same month last year. Meanwhile, the average increase in prices in the latest 12 months was 5.6 percent.
On the other hand, in September of the current year Turkish producers' foreign sales prices for domestic manufactured metal products, except machinery, decreased by 0.14 percent compared to August and were down 6.2 percent year on year. Meanwhile, the average increase in prices in the latest 12 months was 7.1 percent.
*Foreign sales price index indicates changes in Turkish producers' prices for other countries.