The annual producer inflation in Turkey slowed to 39.39% in October 2023 from 47.44% in the previous month. It marked the lowest rate since May 2021, driven by the sharp decrease in prices for electricity, gas, steam & air conditioning (-40.19% vs -17.08% in September). Moreover, inflation eased for mining & quarrying (69.21% vs 69.43%) and manufacturing (53.74% vs 55.05%). In contrast, prices rose faster for water supply, sewerage, waste management & remediation services (72.72% vs 68.36%). On a monthly basis, the PPI grew 1.94%, down from a 3.40% increase in September. source: Turkish Statistical Institute

Producer Prices in Turkey increased 39.39 percent in October of 2023 over the same month in the previous year. Producer Prices Change in Turkey averaged 39.28 percent from 1983 until 2023, reaching an all time high of 157.69 percent in October of 2022 and a record low of -3.75 percent in July of 2009. This page provides the latest reported value for - Turkey Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on November of 2023.

Producer Prices in Turkey increased 39.39 percent in October of 2023 over the same month in the previous year. Producer Prices Change in Turkey is expected to be 30.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Producer Prices Change is projected to trend around 18.50 percent in 2024 and 30.00 percent in 2025, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
Width
Height
 Preview

Turkey Producer Prices Change


Calendar GMT Reference Actual Previous Consensus TEForecast
2023-10-03 07:00 AM
PPI YoY
Sep 47.44% 49.41% 51.0%
2023-11-03 07:00 AM
PPI YoY
Oct 39.39% 47.44% 48.5%
2023-12-04 07:00 AM
PPI YoY
Nov 39.39% 39.0%


Related Last Unit Reference
Inflation Rate 61.36 percent Oct 2023
Inflation Rate MoM 3.43 percent Oct 2023
Consumer Price Index CPI 1749.11 points Oct 2023
Core Inflation Rate 69.76 percent Oct 2023
Core Consumer Prices 1396.22 points Oct 2023
GDP Deflator 209.30 points Jun 2023
Producer Prices 2803.29 points Oct 2023
Producer Prices Change 39.39 percent Oct 2023
Export Prices 108.73 points Sep 2023
Import Prices 126.06 points Sep 2023
Food Inflation 71.99 percent Oct 2023
CPI Transportation 2162.97 points Oct 2023
CPI Housing Utilities 1485.92 points Oct 2023

Turkey Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
39.39 47.44 157.69 -3.75 1983 - 2023 percent Monthly
NSA

News Stream
Turkey Producer Inflation Lowest in Nearly 2-½-Years
The annual producer inflation in Turkey slowed to 39.39% in October 2023 from 47.44% in the previous month. It marked the lowest rate since May 2021, driven by the sharp decrease in prices for electricity, gas, steam & air conditioning (-40.19% vs -17.08% in September). Moreover, inflation eased for mining & quarrying (69.21% vs 69.43%) and manufacturing (53.74% vs 55.05%). In contrast, prices rose faster for water supply, sewerage, waste management & remediation services (72.72% vs 68.36%). On a monthly basis, the PPI grew 1.94%, down from a 3.40% increase in September.
2023-11-03
Turkey Producer Inflation Eases in September
The annual producer inflation in Turkey eased to 47.44 percent in September 2023, down from a four-month high of 49.41 percent in August, due to the further decline in prices of electricity, gas, steam & air conditioning (-17.08 percent vs -8.21 percent in August). Meanwhile, inflation rose faster for mining & quarrying (69.43 percent vs 66.42 percent), manufacturing (55.05 percent vs 54.41 percent), and water supply (68.36 percent vs 67.09 percent). On a monthly basis, the PPI went up 3.40 percent, slowing from a 5.89 percent rise in the previous month.
2023-10-03
Turkey Producer Inflation Rises in August
The annual producer inflation in Turkey increased to 49.41 percent in August 2023, up from 44.50 percent in the previous month and marking the highest reading in four months. Prices rose further for mining & quarrying (66.42 percent vs 57.51 percent in July), manufacturing (54.41 percent vs 50.81 percent), and water supply (67.09 percent vs 62.64 percent). On the other hand, costs continued to drop for electricity, gas, steam & air conditioning (-8.21 percent vs -17.56 percent), although at a slower pace. Monthly, producer prices grew 5.89 percent, easing from a 14-month high of 8.23 percent rise in July.
2023-09-04