Foreign Producer Price Index increased by 87.6 percent

Overseas producer price index increased by 87.64 percent year on year in December.

Turkish Statistical Institute (TUIK), Abroad announced the producer price index (YD-PPI) data. Accordingly, YD-PPI in December 2021 is 25.92 percent compared to the previous month, 87.64 percent compared to December of the previous year, 87.64 percent compared to the same month of the previous year and 41.01 percent according to the twelve-month averages.

MANUFACTURING FROM THE TWO MAIN SECTORS OF THE INDUSTRY INCREASED 87.69 PERCENT ANNUAL

Annual changes of the two sectors of the industry; an increase of 84.76 percent in mining and quarrying and an increase of 87.69 percent in manufacturing.

Annual changes of main industry groups; The increase was 103.39 percent in intermediate goods, 76.38 percent in durable consumer goods, 68.17 percent in non-durable consumer goods, 176.93 percent in energy and 72.60 percent in capital goods.

MANUFACTURING FROM THE TWO MAIN SECTORS OF THE INDUSTRY INCREASED MONTHLY 25.88 PERCENT

Monthly changes in the two sectors of the industry; 27.73 percent increase in mining and quarrying and 25.88 percent increase in manufacturing.

Monthly changes of main industry groups; The increase was 27.18 percent in intermediate goods, 26.31 percent in durable consumer goods, 24.36 percent in non-durable consumer goods, 19.10 percent in energy and 27.12 percent in capital goods.

18 SUB SECTORS HAVE CHANGE LOWER, 7 SUB SECTORS HIGHER COMPARED TO ANNUAL YD-PPI

YD- Among the PPI sectors, clothing items were the sub-sectors with the least increase, with 56.68 percent, printing and registration services with 58.39 percent, and basic pharmaceutical products and preparations with 60.45 percent. On the other hand, coke and refined petroleum products were the sub-sectors with the highest increase, with 176.93 percent, basic metals with 129.12 percent, chemicals and chemical products with 117.84 percent.

12 SUB-SECTORS HAVE CHANGED LOWER, 13 SUB-INDECTORS HIGHER COMPARED TO MONTHLY HD-PPI

Coke from HD-PPI sectors and refined petroleum products with 19.10 percent, printing and recording services with 19.46 percent, and clothing with 22.66 percent, were the sub-sectors where the indexes increased the least. On the other hand, chemicals and chemical products were the sub-sectors where the index increased the most with 29.88 percent, metal ores with 29.69 percent, machinery and equipment (bys) with 28.72 percent.

Note : This article have been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here

Related Posts
JPMorgan plots ‘astonishing’ $12bn tech spend to beat fintechs thumbnail

JPMorgan plots ‘astonishing’ $12bn tech spend to beat fintechs

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT's trusted, award-winning business news Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend – full…
Read More
Warning: Whatsapp To Stop Working On These Phones From Next Month thumbnail

Warning: Whatsapp To Stop Working On These Phones From Next Month

In a recent development, the Meta-owned instant messaging giant, WhatsApp, is set to discontinue support for certain aging Android and iOS devices next month. Presently, the app functions smoothly on Android phones operating on OS 4.x and iPhones equipped with iOS12 or newer versions…CONTINUE READ.ING HERE However, WhatsApp’s latest blog post reveals that starting from
Read More
Workplace Trends That Will Shape 2022 thumbnail

Workplace Trends That Will Shape 2022

Opinions expressed by Entrepreneur contributors are their own. Over the last two years, health and wellness have seen significant shifts and changes which have directly affected almost every single industry worldwide.What will 2022 bring? How can companies stay prepared for the unknowns? What strategies and changes should they implement? Prioritizing employee wellbeing with expansive health offerings The…
Read More
Visa Deploys First Smart Contract on Ethereum for its “Universal Payment Channels” Platform for CBDCs and Stablecoins thumbnail

Visa Deploys First Smart Contract on Ethereum for its “Universal Payment Channels” Platform for CBDCs and Stablecoins

CBDCVisa Deploys First Smart Contract on Ethereum for its “Universal Payment Channels” Platform for CBDCs and Stablecoins AnTySeptember 30, 2021Payment giant Visa revealed its “Universal Payment Channels” (UPC) platform for central bank digital currencies (CBDCs) on Thursday.In its paper, Visa noted that with a “significant growth” in digital tokens in the form of crypto, stablecoins,…
Read More
High 5 Private Finance Myths That Want To Be Busted thumbnail

High 5 Private Finance Myths That Want To Be Busted

Among the best feelings in this world is often when you start earning. With this, the shopping checklist expands, search for dream vacation sites is crammed on your phone, and many more such very “important” additions. And last, accidentally, the idea of savings hits your mind. So, if you have earned, it is equally important…
Read More
Index Of News
Total
0
Share