According to the statistics released by the Turkish Statistical Institute, in January this year the producer price index for Turkish industry in general rose by 0.38% over December and was up 11.13% YoY while an average rise of 11.11% was registered for the latest 12 months.

In January, the PPI for the domestic basic metal industry rose by 0.51% MoM and was up 14.82% compared to January 2011. Meanwhile, the average increase in the latest 12 months was 27.84%.

On the other hand during the given month the PPI for domestic manufacture of metal products, except machinery, decreased by 0.62% from the previous month and was up 10.75% YoY. Meanwhile in the sector in question an average increase of 9.35% in the PPI index was registered in the latest 12 months

(Sourced from Steel Orbis)
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