Home breadcru News breadcru Economics breadcru  | Turkiye's producer price index rises 3.40% MoM in September 2023

Prime Content | 
Turkiye's producer price index rises 3.40% MoM in September 2023

05 Oct '23
2 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • In September 2023, Turkiye's D-PPI rose *.*0 per cent MoM and *.*4 per cent annually.
  • Manufacturing saw a yearly spike of *.*5 per cent.
  • Sectors like apparel and leather also saw significant annual hikes of *.*5 per cent and *.*6 per cent, respectively.
  • On a monthly basis, D-PPI for apparel and leather rose *.*5 per cent and *.*5 per cent, respectively.

Digging deeper into specific industries, the D-PPI in manufacturing has shown an annual increase of **.** per cent in September ****. When assessed on the monthly scale, the surge is at *.** per cent. The figures for the main industrial groups in September **** were also compelling, with annual rises of **.** per cent for intermediate goods, **.** per cent for durable consumer goods, **.** per cent for non-durable consumer goods, and **.** per cent for energy. These figures, when analysed on a monthly basis, were *.** per cent, *.** per cent, *.** per cent, and *.** per cent, respectively.

The fashion and apparel sector also witnessed significant changes. The D-PPI for wearing apparel in September **** rose by **.** per cent annually and *.** per cent monthly. In the textiles domain, the annual and monthly increases stood at **.** per cent and *.** per cent respectively. The leather and related products industry saw an annual hike of **.** per cent, and on a monthly scale, it increased by *.** per cent, as per Turkstat.

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!