Turkey Producer Inflation Eases Slightly

Annual producer inflation in Turkey ticked down to 27.17% in January 2026 from December’s one-year high of 27.67%. Price growth slowed in electricity, gas, steam, and air conditioning (25.94% vs 28.69% in December), mining and quarrying (32.97% vs 33.92%), and water supply (37.21% vs 57.15%). Meanwhile, prices for manufacturing remained steady at 27.10%. By industrial grouping, inflation eased for energy (22.14% vs 27.06%), durable consumer goods (30.07% vs 33.03%), non-durable consumer goods (30.44% vs 30.81%), and capital goods (29.24% vs 29.79%), while it increased further for intermediate goods (25.69% vs 24.28%). On a monthly basis, producer prices rose by 2.67% in January, the highest increase in nine months, accelerating from a 0.75% growth in the previous month.

Annual producer inflation in Turkey edged up to 27.67% in December 2025, the highest in a year, from 27.23% in the previous month. Price increases were observed in manufacturing (27.10% vs 27.04% in November), mining and quarrying (33.92% vs 32.60%), and electricity, gas, steam, and air conditioning (28.69% vs 24.92%). Meanwhile, inflation for water supply ticked down (57.15% vs 57.62%). Among industrial groupings, prices rose for intermediate goods (24.28% vs 23.09%) and capital goods (29.79% vs 28.44%), while growth eased slightly for durable consumer goods (33.03% vs 33.17%), energy (27.06% vs 27.40%), and non-durable consumer goods (30.81% vs 31.65%). On a monthly basis, producer prices increased by 0.75% in December, following a 0.84% rise in November.

The annual producer price in Turkey rose to 27.23% in November 2025 from 27% in October. This marked the highest reading since December 2024, as prices increased across all main sectors, namely manufacturing (27.04% vs 26.91% in October), mining and quarrying (32.60% vs 31.79%), water supply (57.62% vs 56.26%), and electricity, gas, steam, and air conditioning (24.92% vs 24.31%). Among product categories, inflation also picked up in intermediate goods (23.09% vs 22.33%), durable consumer goods (33.17% vs 33.07%), energy (27.40% vs 25.05%), and capital goods (28.44% vs 27.27%). Meanwhile, non-durable goods grew at a slower pace at 31.65% compared with 33.91% in October. On a monthly basis, producer prices rose 0.84% in November, slowing from a 1.63% increase in the previous month.