Producer price inflation in Turkey quickened for the 14th straight month to 44.9% year-on-year in July of 2021 from 42.9% in the previous month. It was the highest increase in producer prices since October of 2018, mainly driven by prices of manufacturing (47.9% vs 45.9% in June). Meanwhile, costs slowed a bit for mining & quarrying (34.4% vs 35.3%); electricity, gas, steam and air conditioning (15.1% vs 28.6%) and water supply (28.3% vs 28.6%). On a monthly basis, producer prices rose 2.46%, slowing from a 4.01% rise in the previous month. source: Turkish Statistical Institute

Producer Prices Change in Turkey averaged 36.49 percent from 1983 until 2021, reaching an all time high of 139.90 percent in January of 1995 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 August of 2021.

Producer Prices Change in Turkey is expected to be 25.00 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 8.90 percent in 2022 and 5.60 percent in 2023, according to our econometric models.

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Turkey Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
44.92 42.89 139.90 -3.75 1983 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-03 07:00 AM Apr 35.17% 31.2% 34.21%
2021-06-03 07:00 AM May 38.33% 35.17% 35.64%
2021-07-05 07:00 AM Jun 42.89% 38.33% 41.77%
2021-08-03 07:00 AM Jul 44.92% 42.89% 44.6%
2021-09-03 07:00 AM Aug 44.92%
2021-10-04 07:00 AM Sep
2021-11-03 07:00 AM Oct
2021-12-03 07:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Turkish Producer Prices Climb for 14th Month
Producer price inflation in Turkey quickened for the 14th straight month to 44.9% year-on-year in July of 2021 from 42.9% in the previous month. It was the highest increase in producer prices since October of 2018, mainly driven by prices of manufacturing (47.9% vs 45.9% in June). Meanwhile, costs slowed a bit for mining & quarrying (34.4% vs 35.3%); electricity, gas, steam and air conditioning (15.1% vs 28.6%) and water supply (28.3% vs 28.6%). On a monthly basis, producer prices rose 2.46%, slowing from a 4.01% rise in the previous month.
2021-08-03
Turkish Producer Inflation Highest since 2018 at 42.9%
Producer price inflation in Turkey quickened for the 13th straight month to 42.9 percent year-on-year in June of 2021 from 38.3 percent in the previous month. It was the highest increase in producer prices since November of 2018, bolstered by prices in manufacturing (45.9 percent vs 41.3 percent in May); mining & quarrying (35.3 percent vs 32.9 percent); and electricity, gas, steam and air conditioning (28.6 percent vs 6.6 percent). On the other hand, prices slowed for water supply (28.6 percent vs 29.7 percent). On a monthly basis, producer prices went up 4.0 percent, accelerating from a 3.9 percent rise in May.
2021-07-05
Turkey Producer Price Inflation Quickens in May
Producer price inflation in Turkey quickened for the twelfth straight month to 38.3 percent year-on-year in May of 2021 from 35.2 percent in the previous month. It was the highest increase in producer prices since November of 2018, bolstered by prices in manufacturing (41.3 percent vs 38.1 percent in April); mining & quarrying (32.9 percent vs 27.1 percent); water supply (29.7 percent vs 28.3 percent); and electricity, gas, steam and air conditioning (6.6 percent vs 4.5 percent). On a monthly basis, producer prices went up 3.9 percent, slower than a 4.3 percent increase in the previous month.
2021-06-03
Turkish Producer Inflation Picks Up to Near 2-1/2-Year High
Annual producer price inflation in Turkey rose for the eleventh straight month to 35.2% in April of 2021 from 31.2% in March. reaching its highest level since November of 2018. Prices continued to surge for manufacturing (38.1% vs 34% in March); mining & quarrying (27.1% vs 21.3%); water supply (28.3% vs 27.3%) and electricity, gas, steam and air conditioning (4.5% vs 2.6%). On a monthly basis, producer prices inched up 4.3%, following a 4.1% increase in the previous month.
2021-05-03

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.