Turkey Producer Inflation Slows to 5-Month Low

The annual producer inflation rate in Turkey eased to 27.83% in July 2026 from 28.09% in the previous month. It was the softest rise since February, driven by smaller price increases for mining and quarrying (41.81% vs 53.50% in June), manufacturing (28.96% vs 29.65%), and water supply (28.85% vs 29.26%). On the other hand, producer inflation picked up for electricity, gas, steam and air conditioning (11.69% vs 4.12%). By industrial groupings, price growth moderated for intermediate goods (26.79% vs 27.89%), durable goods (26.57%), and capital goods (21.28% vs 23.01%). In contrast, costs accelerated for non-durable goods (32.46% vs 31.42%) and energy (26.62% vs 24.93%). On a monthly basis, producer prices rose by 1.52% in July, the lowest in seven months and slowing from a 1.8% gain in the preceding period.

The annual producer inflation rate in Turkey edged down to 28.09% in June 2026 from 28.93% in the previous month. Producer price growth slowed slightly in manufacturing (29.65% vs 30.72% in May), while easing more notably in electricity, gas, steam and air conditioning (4.12% vs 6.88%) and water supply (29.26% vs 35.00%). In contrast, price growth accelerated in mining and quarrying (53.50% vs 42.74%). By industrial groupings, producer price growth slowed in durable consumer goods (28.97% vs 31.39% in May), energy (24.93% vs 31.45%), and capital goods (23.01% vs 23.73%). Meanwhile, inflation accelerated slightly in intermediate goods (27.89% vs 27.76%) and non-durable consumer goods (31.42% vs 31.05%). On a monthly basis, Turkey's producer prices edged down to 1.80% in June 2026, following a 2.75% rise in May, marking the weakest monthly increase in six months.

The annual producer inflation rate in Turkey rose to 28.93% in May 2026, the highest level since November 2024, and accelerated from 28.59% in the previous month. Price growth picked up in mining and quarrying (42.74% vs 40.42% in April) and manufacturing (30.72% vs 30.36%), while producer inflation eased in electricity, gas, steam and air conditioning (6.88% vs 7.19%) and water supply (35.00% vs 38.26%). By industrial groupings, inflation accelerated in intermediate goods (27.76% vs 26.49%) and durable consumer goods (31.39% vs 29.75%), while price growth moderated in non-durable consumer goods (31.05% vs 31.57%), energy (31.45% vs 33.15%), and capital goods (23.73% vs 24.70%). On a monthly basis, producer prices rose 2.75%, following a 3.17% increase in April, which was the largest in a year.