Turkish steel manufacturers' residential prices up 0.35% in Oct from Sept .

According to the statistics launched by the Turkish Statistical Institute (TUIK), in October this year the residential producer cost index (PPI) for Turkish industry generally increased by 7.83 percent month on month as well as by 157.69 percent year on year, while an average rise of 122.93 percent was registered for the current 12 months.In the provided month, the domestic PPI for Turkey's basic metal sector was up by 0.35 percent on month-on-month basis as well as by 83.41 percent contrasted to the very same month of the previous year. At the same time, the typical increase in the residential PPI for the most up to date 12 months was 116.04 percent.On the various other hand, in October the domestic PPI for Turkish manufacture of metal products, except machinery, advanced by 2.95 percent compared to September as well as by 102.05 percent year on year. Meanwhile, in the industry in question, an ordinary boost of 99.0 percent in the PPI index was signed up for the latest year.

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