According to the figures released by the Turkish Statistical Institute (TUIK), in February this year Turkish producers’ foreign sales price index (PPI)* in general increased by 2.05 percent compared to January and increased by 20.08 percent year on year, while an average rise of 34.95 percent was registered for the latest 12 months.
In the given month, the foreign sales prices of producers in the Turkish domestic basic metal industry increased by 1.89 percent on month-on-month basis and went up by 19.27 percent compared to the same month of 2024. Meanwhile, the average increase in prices in the latest 12 months was 29.57 percent.
On the other hand, in February Turkish producers’ foreign sales prices for domestic manufactured metal products, except machinery, went up by 2.59 percent compared to January and increased by 19.71 percent year on year. Meanwhile, the average increase in prices in the latest 12 months was 36.15 percent.