Annual producer inflation in Turkey increased to 121.8% in April of 2022, a new high since March of 1995, from 115% in March, amid soaring energy prices, supply disruptions and a weaker lira. Prices jumped all over the board: mining and quarrying (125.9%), manufacturing (112.1%), electricity, gas, steam and air conditioning (247.5%) and water supply (63.2%). Compared to the previous month, producer prices jumped 7.7%. source: Turkish Statistical Institute

Producer Prices Change in Turkey averaged 37.30 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 May of 2022.

Producer Prices Change in Turkey is expected to be 75.00 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 25.00 percent in 2023 and 15.50 percent in 2024, according to our econometric models.

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Turkey Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2022-04-04 07:00 AM Mar 114.97% 105.01% 114.6%
2022-05-05 07:00 AM Apr 121.82% 114.97% 126%
2022-06-03 07:00 AM May 121.82%


Related Last Previous Unit Reference
Inflation Rate 69.97 61.14 percent Apr 2022
Inflation Rate Mom 7.25 5.46 percent Apr 2022
Consumer Price Index CPI 904.79 843.64 points Apr 2022
Core Inflation Rate 52.37 48.39 percent Apr 2022
Core Consumer Prices 680.19 650.64 points Apr 2022
GDP Deflator 222.40 213.50 points Dec 2021
Producer Prices 1423.27 1321.90 points Apr 2022
Producer Prices Change 121.82 114.97 percent Apr 2022
Export Prices 110.60 109.86 points Mar 2022
Import Prices 146.90 144.00 points Mar 2022
Food Inflation 89.10 70.33 percent Apr 2022
CPI Transportation 1094.98 1041.68 points Apr 2022
CPI Housing Utilities 906.81 844.12 points Apr 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
121.82 114.97 139.90 -3.75 1983 - 2022 percent Monthly
NSA

News Stream
Turkey Producer Inflation Rises to 121.8%
Annual producer inflation in Turkey increased to 121.8% in April of 2022, a new high since March of 1995, from 115% in March, amid soaring energy prices, supply disruptions and a weaker lira. Prices jumped all over the board: mining and quarrying (125.9%), manufacturing (112.1%), electricity, gas, steam and air conditioning (247.5%) and water supply (63.2%). Compared to the previous month, producer prices jumped 7.7%.
2022-05-05
Turkey Producer Price Inflation at New 27-Year High
Turkey’s producer price more than doubled in March, soaring 114.97 percent from the same month in the previous year, and following a 105.01 percent surge in February. It was the highest rate since March 1995, reflecting historically low levels for the Turkish lira. Cost rose faster for all categories: intermediate goods (122.92 percent vs 115.13 percent in February); durable consumer goods (75.85 percent vs 69.20 percent); non-durable consumer goods (79.70 percent vs 70.00 percent); energy (214.87 percent vs 188.47 percent); and capital goods (76.55 percent vs 71.90 percent). On a monthly basis, producer prices climbed 9.19 percent in March, quickening from a 7.22 percent increase in the prior month.
2022-04-04
Turkish Producer Inflation at Near 27-Year High
Turkey’s producer price inflation advanced to 105.01% year-on-year in February 2022 from 93.53% in the previous month. It was the highest rate since March 1995, reflecting a sharp depreciation of the lira. Cost rose faster for all categories: intermediate goods (115.13% vs 106.4% in January); durable consumer goods (69.2% vs 65.25%); non-durable consumer goods (70% vs 58.49%); energy (188.47% vs 142.06%); and capital goods (71.9% vs 63.25%). On a monthly basis, producer prices increased by 7.22% in February, slowing from a 10.45% in the prior month.
2022-03-03