According to key highlights from this week, Türkiye’s economy expanded by 3.7% in the third quarter of the year.
In Türkiye, consumer prices in November increased by 31.07% year-on-year and 0.87% month-on-month. Meanwhile, the Producer Price Index rose by 27.23% annually and 0.84% monthly.
In the United States, the ISM Manufacturing Purchasing Managers’ Index (PMI) declined by 0.5 points to 48.2 in November compared to the previous month. Market expectations had pointed to a reading of 48.6.
In the European Union, producer prices rose by 0.1% month-on-month in October, while falling by 0.2% year-on-year. In the Euro Area, producer prices increased by 0.1% on a monthly basis, but declined by 0.5% annually over the same period.
The Russian Ministry of Finance reported that oil and natural gas revenues fell by 33.8% in November compared to the same month last year, declining to 531 billion rubles (approximately $6.9 billion).
On the last trading day of the week, spot gold was traded at around $4,233 per ounce.
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