According to the statistics released by the Turkish Statistical Institute (TUIK), in February this year the domestic producer price index (PPI) for Turkish industry in general rose by 1.38 percent over January and was up 12.40 percent year on year, while an average rise of 6.11 percent was registered for the latest 12 months.

In February this year, the domestic PPI for Turkey's basic metal industry increased by 0.29 percent on month-on-month basis and was up 15.01 percent compared to February 2013. Meanwhile, the average change in the domestic PPI for the latest 12 months was 2.63 percent.

On the other hand, in February of the current year the domestic PPI for domestic manufacture of metal products, except machinery, rose 1.81 percent compared to January and was up 15.93 percent year on year. Meanwhile, in the sector in question, an average increase of 4.87 percent in the PPI index was registered for the latest 12 months.