The Turkish Statistical Institute (TÜİK) released the total industrial producer price index data for June. The index increased by 1.37% compared to the previous month, 28.78% compared to the same month last year, 16.63% compared to December last year, and 28.74% based on 12-month averages.
Looking at the annual changes in the industrial sub-sectors, mining and quarrying rose by 52.36%, manufacturing by 29.8%, electricity, gas, steam and air conditioning supply by 4.12%, and water supply and waste management activities by 29.26%.
Annual increases in the main industrial groups were as follows: intermediate goods 28.72%, durable consumer goods 29.86%, non-durable consumer goods 32.11%, energy 30.13%, and capital goods 21.87%.
Monthly Changes
Examining the monthly changes in sub-sectors, mining and quarrying rose by 7.03%, manufacturing by 0.82%, water supply and waste management activities by 1.97%, and electricity, gas, steam and air conditioning supply by 7.1%.
In the monthly performance of the main industrial groups, intermediate goods rose by 2%, durable consumer goods by 0.48%, non-durable consumer goods by 1.51%, and capital goods by 1.21%, while the energy group fell by 0.3%.