Turkish Statistical Institute announced the Agricultural PPI data for July.
Accordingly, the said index increased by 8.03 percent in July compared to the previous month, by 35.14 percent compared to December of the previous year, by 62.48 percent compared to the same month of the previous year and by 102.1 percent compared to the twelve-month averages.
Looking at the change in the sectors compared to the previous month, there was an increase of 6.84 percent in forestry products and related services, 8.01 percent in agriculture and hunting products and related services, and 10.16 percent in fish and other fishery products.
Compared to the previous month, there was an increase of 3 percent in live animals and animal products, 8,04 percent in one-year herbal products and 16,63 percent in perennial vegetable products in the main groups.
According to the annual Agri-PPI, 3 subgroups showed lower changes and 8 subgroups showed higher changes. The subgroups with low annual increase were fibrous plants with 11.33 percent, cereals (excluding rice), legumes and oil seeds with 17.99 percent, respectively. On the other hand, the subgroups with the highest annual increase were calculated as vegetables and melon-watermelon, roots and tubers with 108.92 percent, live poultry and eggs with 90.79 percent, respectively.
According to the monthly Agricultural-PPI, 7 subgroups showed lower changes and 4 subgroups showed higher changes. The subgroups, which showed a decrease compared to the previous month, were recorded as pome fruits and stone fruits with 12.62 percent, vegetables with 12.51 percent, and melon-watermelon, roots and tubers, respectively. The only subgroup that showed a decrease compared to the previous month was paddy with 0.45 percent.
While the average price of 21 of the 87 items included in the index decreased, the average price of 59 of them increased.