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The highest rate in SME employment in Turkey was in the trade sector in 2019

28.12.2020

Small and Medium Sized Enterprises Statistics, 2019


Source: TurkStat
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


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Agricultural Input Price Index in Turkey increased by 12.64% in October 2020 compared to same month of the previous year

22.12.2020

Agricultural Input Price Index, October 2020

Agriculture-PPI (2015=100) increased by 2.74% compared to previous month, increased by 10.82% compared to December of the previous year, increased by 12.64% compared to same month of the previous year and increased by 8.62% compared to twelve months averages, in October 2020.

Monthly changes with respect to previous month by main groups, goods and services contributing to agricultural investment index increased by 2.41% and goods and services currently consumed in agricultural index increased by 2.79%. The goods and services currently consumed in agricultural index increased by 12.18% and goods and services contributing to agricultural investment index increased by 15.46% compared to same month of the previous year.

         Annual rate of changes of Agricultural-IPI (%), October 2020

The highest annual decrease was realized 3.61% in veterinary expenses subgroup

The other subgroups that indicated a decrease were energy; lubricants with 1.16% and seeds and planting stock with 0.12% amongst the subgroups. On the other hand, maintenance of materials with 30.58% and animal feedingstuffs with 20.18% were the subgroups where high annual increases realized.

Agricultural-IPI annual rate of changes in subgroups (%), October 2020

The lowest monthly increase was 0.78% in plant protection and pesticides subgroup

In October 2020, the other subgroup that indicated an increase was other goods and services with 1.46%. On the other hand, maintenance of materials with 4.04%, seeds and planting stock with 3.71%, and fertilizer and soil improvers with 3.68% were the subgroups where high monthly increases realized.

Agricultural – IPI monthly rate of changes in subgroups (%), October 2020

The next release on this subject will be on January 21, 2021.


Source: TurkStat
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.



Source: TurkStat
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


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Consumer confidence index in Turkey remained at the same level 80.1 in December

21.12.2020

Consumer Confidence Index, December 2020

Seasonally adjusted consumer confidence index calculated from the results of the consumer tendency survey carried out in cooperation with the Turkish Statistical Institute and Central Bank of the Republic of Turkey remained at the same level 80.1 in December.

Seasonally adjusted consumer confidence index, December 2020

Financial situation of household index became 66.1

The financial situation of household index at present compared to the last 12 months period which was 66.6 in November decreased by 0.7% and became 66.1 in December.

Financial situation expectation index realized as 78.9

The financial situation expectation of household index in the next 12 months period which was 79.0 in November decreased by 0.2% and became 78.9 in December.

General economic situation expectation index became 82.9

The general economic situation expectation index in the next 12 months period which was 78.7 in November increased by 5.2% and became 82.9 in December.

Assessment on spending money on durable goods index realized as 92.6

Assessment on spending money on durable goods index over next 12 months compared to the past 12 months period which was 96.2 in November decreased by 3.8% and became 92.6 in December.

Seasonally adjusted consumer confidence index, sub-indices and rate of changes, December 2020

Seasonally adjusted consumer confidence index and indices concerning consumer tendency, December 2020

The next release on this subject will be on January 21, 2021.
                                                                                                                                                                                            

EXPLANATIONS

In monthly consumer tendency survey, consumers’ assessments and expectations on financial standing and general economic situation, also their expenditure and saving tendencies are measured.

The consumer confidence index calculated from the survey results is evaluated within the range of 0-200. It indicates an optimistic outlook when the index is above 100, but it indicates a pessimistic outlook when it is below 100.

The increase in probability of borrowing money index, which is the one of the indices concerning consumer tendency indicates an optimistic outlook while decrease in index indicates a pessimistic outlook. Similarly, increase in assessment and expectation in consumer prices change rate indices indicate a decrease in assessment/ expectation in consumer prices and vice versa. The increase in number of people unemployed expectation index indicates decrease of number of people unemployed expectation, whereas decrease indicates increase of number of people unemployed expectation.


Source: TurkStat
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.


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Non-domestic producer price index in Turkey increased by 41.12% annually

21.12.2020

Non-Domestic Producer Price Index, November 2020

ND-PPI (2010=100) increased by 2.02% monthly, by 38.61% on December of the previous year, by 41.12% on same month of the previous year and by 20.33% on the twelve months moving averages basis in November 2020.

ND-PPI rate of changes (%), November 2020

ND-PPI annual rate of change (%), November 2020

Manufacturing increased by 41.07% annually

ND-PPI in two main sectors of industry increased by 43.88% for mining and quarrying, by 41.07% for manufacturing compared with the previous year.

The indices of main industrial groups; increased by 42.14% for intermediate goods, by 52.51% for durable consumer goods, by 40.29% for non-durable consumer goods, decreased by 12.67% for energy, increased by 42.39% for capital goods, annually.

ND-PPI rate of annual changes (%), November 2020

Manufacturing increased by 2.03% monthly

ND-PPI in two main sectors of industry increased by 1.73% for mining and quarrying, by 2.03% for manufacturing compared with the previous month.

The indices of main industrial groups; increased by 2.44% for intermediate goods, by 2.05% for durable consumer goods, by 2.76% for non-durable consumer goods, by 8.68% for energy, by 0.43% for capital goods, monthly.

D-PPI rate of monthly changes (%), November 2020​