News

Turkish Statistical Institute (TUIK) Agricultural Products Production for March 2024

Turkiye
Market & Price Trends
Published Apr 16, 2024

Tridge summary

In March 2024, the Turkish Statistical Institute (TUIK) reported a notable increase in the Agricultural Products Producer Price Index (Agriculture-PPI), with a 61.87% annual rise and a 5.57% monthly increase. The report highlighted significant monthly growth in agricultural and hunting products and related services by 5.84%, and forestry products and related services by 3.52%, though there was a slight decrease in supporting services for aquaculture and fishing by 1.18%. Among the main groups, annual plant products, perennial plant products, and live animals and animal products saw increases of 3.27%, 7.60%, and 7.12% respectively. The highest annual inflation was in oily fruits at 170.17%, with sheep and goats, livestock experiencing the most substantial monthly price increase at 13.54%, closely followed by changes in raw milk and fleece prices.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Turkish Statistical Institute (TUIK) announced the Agricultural Products Producer Price Index for March 2024. According to TÜİK data, the producer price index of agricultural products (Agriculture-PPI) increased by 61.87 percent annually and 5.57 percent monthly in March. In Agriculture-PPI (2020=100), in March 2024, there is a 5.57 percent increase compared to the previous month, a 17.51 percent increase compared to December of the previous year, a 61.87 percent increase compared to the same month of the previous year and ten There was an increase of 59.98 percent compared to two-month averages. In sectors compared to the previous month, there was a 5.84 percent increase in agricultural and hunting products and related services, a 3.52 percent increase in forestry products and related services, and fish and other fishing products; There was a 1.18 percent decrease in supporting services for aquaculture and fishing. In the main groups, compared to the previous month, there was a ...
Source: Kamu3
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