Annual producer inflation in Turkey increased to 138.31% in June of 2022 from 132.16% in May. It was the highest rate since February of 1995, reflecting a sharp depreciation of the lira. Prices jumped in all sectors: mining and quarrying (142.68%), manufacturing (120.47%), electricity, gas, steam and air conditioning (369.20%) and water supply (81.47%). Compared to the previous month, producer prices jumped 6.77%. source: Turkish Statistical Institute
Producer Prices Change in Turkey averaged 37.71 percent from 1983 until 2022, 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 July of 2022.
Producer Prices Change in Turkey is expected to be 57.60 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 25.00 percent in 2023 and 15.50 percent in 2024, according to our econometric models.