According to the statistics released by the Turkish Statistical Institute, the producer price index for Turkish industry in general rose by 1% MoM in December 2011 and was up by 13.33% YoY, while an average rise of 11.09% was registered for the latest twelve months.

In December 2011, the PPI for the domestic basic metal industry rose by 2.42% MoM and was up by 24.3% YoY as compared to December 2010. Meanwhile, the average increase in the latest twelve months was 29.45%.

On the other hand, during the given month, the PPI for domestic manufacture of metal products, except machinery, decreased by 0.11% MoM and was up by 13.26% YoY.

Meanwhile, in the sector in question, an average increase of 8.75% in the PPI index was registered in the latest twelve months.

(Sourced from SteelOrbis)
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