TR Monitor

NON-DOMESTIC PRODUCER PRICES JUMP 105.82% IN MARCH

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The non-domestic producer price index (ND-PPI) jumped 105.82% in March, compared to the same month last year, according to the Turkish Statistica­l Institute (TurkStat). The index also rose by 7.29% in March month-over-month and climbed by 59.47% last month on a 12-month rolling average. For the two main sectors – mining and quarrying, and manufactur­ing – the ND -PPI surged by 109.63% and 105.74% on an annual basis, respective­ly. Monthly, the ND -PPI for those two sectors was up by 8.20% and 7.27%, respective­ly.

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