Türkiye’s agricultural input prices see significant rise in June
13 oC
13 oC
Güneşli
13 oC
Güneşli
The Turkish Statistical Institute (TÜİK) announced on Tuesday that the Agricultural Input Price Index has experienced substantial increases.
According to the statement, the index rose by 47.56% year-on-year and 0.93% month-on-month.
In June, the Agricultural-IPI increased by 16.66% compared to December of the previous year. Compared to the same month last year, it saw a 47.56% rise, and there was a 42.99% increase based on a twelve-month moving average.
Monthly changes were noted in two main categories: goods and services currently consumed in agriculture saw a 0.61% increase, while goods and services contributing to agricultural investment rose by 2.84%. Year-on-year, goods and services consumed in agriculture increased by 44.60%, and those contributing to agricultural investment saw a significant rise of 67.47%.
Veterinary expenses marked the highest annual change with a 114.01% increase, while other goods and services recorded the highest monthly change at 3.67%. (ILKHA)
LEGAL WARNING: All rights of the published news, photos and videos are reserved by İlke Haber Ajansı Basın Yayın San. Trade A.Ş. Under no circumstances can all or part of the news, photos and videos be used without a written contract or subscription.
Gold prices fell 0.9% to $1,333 per ounce on Thursday, extending recent losses as investors rotated out of the safe-haven metal in anticipation of a landmark trade agreement between the United States and the United Kingdom.
HÜDA PAR Deputy Chairman and Head of Economic Affairs, Mehmet Şah Gültekin, has strongly criticized Türkiye’s economic management in the wake of alarming April inflation figures released by the Turkish Statistical Institute (TURKSTAT).
The Turkish Statistical Institute (TurkStat) announced on Monday that the Consumer Price Index (CPI) surged by 37.86% annually and 3.00% monthly in April 2025, reflecting persistent inflationary pressures in Türkiye.
Türkiye's defense and aerospace industry reached a new milestone in April 2025, with exports climbing to $539 million, marking a 54% increase compared to the same month last year, according to figures shared by the Presidency of Defense Industries.
