PPI Increased by 2.07 Percent Monthly in September.
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Following the release of inflation figures, the products with the highest and lowest price increases in September have also been determined. Last month, the highest price increase was seen in higher education at 25.79 percent, while the product that became cheapest was citrus fruits at 24.41 percent.
Producer inflation rose 2.07 percent in September, surpassing consumer inflation. Annual PPI reached 27.38 percent, with the most notable increase on the cost front coming from energy. Energy prices increased by 3.55 percent in just one month. 🚆
According to the Turkish Statistical Institute's (TÜİK) September Domestic Producer Price Index data, it increased by 2.07 percent compared to the previous month and by 23.38 percent compared to December of the previous year.
With the release of inflation figures for September, it became clear that the products that rose and fell the most in price were revealed. According to this, higher education was the most expensive product, which saw a 25.79 percent price increase last month, while the cheapest were those in the citrus category of 24.41 percent.
According to Turkish Statistical Institute (TÜİK) data, the Domestic Producer Price Index (DPPI) increased by 2.07 percent monthly and 27.38 percent annually in September. The annual increase was 29.09 percent in manufacturing, while the highest annual increase among the main industrial groups was recorded in energy at 30.82 percent. Energy prices also rose by 3.55 percent on a monthly basis.
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