DOMESTIC SALES PRICES OF TURKISH METAL PRODUCERS INCREASED BY 0.25 PERCENT IN JULY COMPARED TO JUNE.

Overall PPI Increase:  In July, the domestic Producer Price Index (PPI) for Turkish industry rose by 1.94% month-on-month and by 41.37% year-on-year.

12-Month Average PPI:  Over the past 12 months, the average increase in the domestic PPI for the Turkish industry was 47.55%.

Basic Metal Industry PPI:  The domestic PPI for Turkey’s basic metal industry increased by 0.25% month-on-month and by 23.90% year-on-year in July.

12-Month Average for Basic Metals:  The average increase in the domestic PPI for the basic metal industry over the latest 12 months was 41.19%.

Manufacture of Metal Products PPI:  The domestic PPI for Turkish manufacture of metal products, excluding machinery, advanced by 1.04% from June and by 33.22% year-on-year.

12-Month Average for Metal Products:  The average increase in the PPI for the manufacture of metal products over the past 12 months was 54.97%.

Monthly Price Changes:  The month-on-month increase in the overall domestic PPI indicates a continuing upward trend in industrial prices.

Year-on-Year Trends:  Significant year-on-year increases reflect sustained inflationary pressures across various industrial sectors.

Sector-Specific Inflation:  The basic metal industry experienced lower year-on-year PPI growth compared to the broader metal products sector.

Inflationary Pressures:  The data highlights ongoing inflationary pressures within the Turkish industrial sector, with notable differences in price trends across sub-sectors.