In the textiles sector, the D-PPI witnessed a notable increase of 55.56 per cent year-on-year (YoY). However, the monthly increase was relatively modest at 0.52 per cent. The manufacturing sector saw a significant rise in its D-PPI, with a 60.31 per cent increase YoY. Monthly, the D-PPI for manufactured products grew by 1.44 per cent, as per Turkstat.
The indices for the main industrial groups displayed varied but substantial increases. The D-PPI for intermediate goods surged by 55.48 per cent YoY and by 1.44 per cent monthly. There was a 64.91 per cent increase YoY in the D-PPI for durable consumer goods, with a monthly increase of 2 per cent. The D-PPI for non-durable consumer goods rose by 66.12 per cent YoY and by 2.43 per cent monthly. Energy prices saw a 43.74 per cent increase YoY in the D-PPI, with a notable monthly rise of 3.32 per cent.
Fibre2Fashion News Desk (DP)