Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Turkey’s foreign producer’s sales price Index (ND-PPI) rose by 43.72pc in June 2021 compared to the same year-ago month and increased by 3.93pc from May, making it the fifth successive month of growth, according to the country’s statistical agency TUIK. 


In annual terms, mining and quarrying rose by 45.54pc, and manufacturing increased by 43.68pc in June 2021. In the main industrial groups, energy rose by 126.09pc, intermediate goods grew by 51.62pc, durable consumer goods climbed by 41.24pc, and non-durable consumer goods increased by 34.11pc in June 2021 against the same year-ago month. 


The ND-PPI for basic metals rose by 66.46pc, metal ores increased by 68.76pc, and fabricated metal products grew by 48pc, with machinery and equipment up by 31.87pc in June 2021 compared to the same month a year ago.


On a monthly basis, mining and quarrying prices increased by 4.45pc and manufacturing rose by 3.93pc in June. Intermediate goods climbed by 3.64pc, durable consumer goods ticked up by 3.18pc, and non-durable consumer goods grew by 3.27pc in June compared to May. 


Turkey’s seasonally adjusted consumer confidence index (CCI) fell by 2.7pc in July compared to June moving to 79.5 in July from 81.7 in June. 

Leave a Reply

Your email address will not be published.