Noting that production costs have increased by over 100% in the past year, Chairman Gültepe said, “In some sectors, the rate has exceeded 120%. In the same period, the increase in the dollar exchange rate remained at 25%. Therefore, we are unable to set prices in many sectors. We fell short of our targets in the first half of the year.”

In the ranking of the top exporting sectors, the automotive industry maintained its leading position in June with $2.6 billion, followed by the chemical industry with $2.3 billion and the steel sector with $1.3 billion.