Turkey Producer Inflation Picks Up to 15-Month High

The annual producer inflation rate in Turkey rose to 28.08% in March 2026, the highest since December 2024, from 27.56% in the previous month. Price growth accelerated in manufacturing (39.43% vs 27.98% in February), mining and quarrying (32.28% vs 31.88%), and water supply (38.25% vs 38.22%). Meanwhile, inflation eased in electricity, gas, steam, and air conditioning (14.32% vs 22.53%). By industrial groupings, inflation picked up for non-durable consumer goods (31.95% vs 31.57%), and energy (27.18% vs 20.68%). In contrast, it slowed for intermediate goods (25.84% vs 26.09%), durable consumer goods (30.45% vs 32.14%), and capital goods (27.18% vs 29.51%). On a monthly basis, producer prices increased 2.30% in March, down from 2.43% in February.

The annual producer inflation rate in Turkey rose to 27.56% in February 2026 from 27.17% in the previous month. Price growth accelerated in manufacturing (27.98% vs 27.10% in January) and water supply (38.22% vs 37.21%). Meanwhile, inflation eased in mining and quarrying (31.88% vs 32.97%) and in electricity, gas, steam and air conditioning (22.53% vs 25.94%). By industrial groupings, inflation picked up for durable consumer goods (32.14% vs 30.07%), non-durable consumer goods (31.57% vs 30.44%), and capital goods (29.51% vs 29.24%). In contrast, it slowed for intermediate goods (26.09% vs 26.69%) and energy (20.68% vs 22.14%). On a monthly basis, producer prices increased 2.43% in February, down from a nine-month high of 2.67% in January.

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.