Turkish foreign trade unit value indexes decrease in April
by Daily Sabah
ISTANBULJun 11, 2014 - 12:00 am GMT+3
by Daily Sabah
Jun 11, 2014 12:00 am
The overall export unit value index decreased by 0.4 percent in April 2014 while the import unit value index shrunk by 1.4 percent, statistical authority of Turkey reported on Wednesday.
Unit value indexes are used to measure the change in the average value of certain items. They serve as a gauge to determine the sophistication of the goods as these products generally boast a higher unit price.
According to the report released by Turkstat, the export unit index decreased by 0.4 percent compared to same period last year. The food, beverages and tobacco index decreased by 1.1 percent while manufactured goods slipped by 1.7 percent and the index for fuels increased by 3.5 percent.
In the same period, the import unit value index, which screens the average value Turkey pays for each imported product, decreased by 1.4 percent. Food, beverages and tobacco, crude materials and fuels slipped by 1.1 percent , 1.7 percent and 0.1 percent respectively, while manufactured goods increased by 0.8 percent.
Keep up to date with what’s happening in Turkey,
it’s region and the world.
You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Please
click
to read our informative text prepared pursuant to the Law on the Protection of Personal Data No. 6698 and to get information about the
cookies
used on our website in accordance with the relevant legislation.
6698 sayılı Kişisel Verilerin Korunması Kanunu uyarınca hazırlanmış aydınlatma metnimizi okumak ve sitemizde ilgili mevzuata uygun olarak kullanılan
çerezlerle
ilgili bilgi almak için lütfen
tıklayınız.