Turkiye's ND-PPI for textile up 60.74% YoY in July, 60.12% for apparel

23 Aug '23

1 min read

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Insights

Turkiye's non-domestic producer price index (ND-PPI, 2010=100) increased by 15.34 per cent month on month (MoM) and by 60.32 per cent year on year (YoY) in July this year.
The index for textiles rose by 60.74 per cent YoY and 15.69 per cent MoM during the month, whereas the index for apparel increased by 60.12 per cent YoY and 14.55 per cent MoM.

Turkiye’s non-domestic producer price index (ND-PPI, 2010=100) increased by 15.34 per cent month on month (MoM) and by 60.32 per cent year on year (YoY) in July this year. It rose by 45.66 per cent on the December 2022 figure, and by 58.79 per cent on a twelve-month moving average basis in July.

The index for textiles rose by 60.74 per cent YoY and 15.69 per cent MoM during the month, whereas the index for apparel increased by 60.12 per cent YoY and 14.55 per cent MoM.

The same for manufacturing increased by 60.43 per cent YoY and 15.34 per cent MoM during the month, an official release stated.

The index increased by 53.70 per cent YoY for intermediate goods, by 67.95 per cent YoY for durable consumer goods, by 62.40 per cent YoY for non-durable consumer goods, by 22.42 per cent YoY for energy, and by 72.44 per cent YoY for capital goods.

The index increased by 13.39 per cent MoM for intermediate goods, by 17.59 per cent MoM for durable consumer goods, by 14.25 per cent MoM for non-durable consumer goods, by 25.60 per cent MoM for energy, and by 16.23 per cent MoM for capital goods.

Fibre2Fashion News Desk (DS)

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