9,300.30 TRY BIST 100 BIST 100
34.35 USD USD USD
36.25 EUR EUR EUR
4.77 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
42.75 TRY Interest Interest
72.04 USD Fossil Oil Fossil Oil
30.86 USD Silver Silver
30.86 USD Copper Copper
101.39 USD Iron Ore Iron Ore
375.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,827.25 TRY Gold (gr) Gold (gr)

TUIK announces November inflation rate

TUIK announced the inflation rates for the month of November. According to the announced data, inflation increased by 3.28 percent on a monthly basis, while annual inflation was 61.98 percent.

TUIK announces November inflation rate

TUIK announced the inflation rates for the month of November. Accordingly, the change in Consumer Price Index in November was 3.28 percent compared to the previous month, 60.09 percent compared to December of the previous year, 61.98 percent compared to the same month of the previous year and 53.40 percent according to the 12-month averages.

The main group with the lowest increase compared to the same month of the previous year was housing with 37.54 percent. On the other hand, the main group with the highest increase compared to the same month of the previous year was restaurants and hotels with 92.86 percent.

In terms of main expenditure groups, the main group with the lowest increase in November compared to the previous month was clothing and footwear with -0.31 percent. On the other hand, the main group with the highest monthly increase in November was housing with 11.17 percent.

Domestic Producer Price Index (D-PPI) increased by 42.25 percent annually and 2.81 percent monthly

D-PPI increased by 2.81 percent in November compared to the previous month, 42.59 percent compared to December of the previous year, 42.25 percent compared to the same month of the previous year and 53.15 percent compared to the twelve-month averages.

Annual changes in four sectors of industry; 65.49 percent increase in mining and quarrying, 54.11 percent increase in manufacturing, 30.00 percent decrease in electricity, gas production and distribution, and 70.23 percent increase in water supply.

Yearly changes in the main industrial groupings were as follows: 46.45 percent increase in intermediate goods, 61.16 percent increase in durable consumer goods, 68.11 percent increase in non-durable consumer goods, 5.91 percent decrease in energy and 65.21 percent increase in capital goods.

Among the four main sectors of industry, manufacturing index increased by 2.26 percent month-on-month

Monthly changes in the four sectors of the industry; mining and quarrying by 2.68 percent, manufacturing by 2.26 percent, electricity, gas production and distribution by 10.99 percent and water supply by 1.91 percent.

The monthly changes in the main industrial groups were as follows; 2.50 percent increase in intermediate goods, 2.49 percent in durable consumer goods, 3.07 percent in non-durable consumer goods, 3.46 percent in energy and 2.85 percent in capital goods.

Compared to annual D-PPI, 5 sub-sectors showed lower and 24 subsectors showed higher change

The only subsector with an annual decrease was electricity, gas, steam and air conditioning with 30.00 percent. On the other hand, basic pharmaceutical products and preparations increased by 93.70 percent, other mining and quarrying products by 84.05 percent, beverages by 74.00 percent.According to the announced data, inflation increased by 3.28 percent on a monthly basis, while annual inflation was 61.98 percent.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Vietnam’s steel and coal imports surge in October

Thursday, November 14, 2024

Vale and ROGESA sign strategic pellet supply agreement to advance sustainable steel production

Thursday, November 14, 2024

India breaks record in finished steel imports, shows signs of recovery in steel exports

Thursday, November 14, 2024

SSAB's green steel to be used in shipbuilding at Norway Salthammer

Thursday, November 14, 2024

Bilateral trade between Egypt and Saudi Arabia surges to $7.5 Billion

Thursday, November 14, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now