Producer prices in Turkey increased 6.17 percent year-on-year in June of 2020, following a 5.53 percent rise in the previous month. Prices advanced faster for manufacturing (5.99 percent vs 4.98 percent in May); mining & quarrying (4.19 percent vs 3.63 percent) and water supply (7.30 percent vs 6.61 percent). Meanwhile, inflation softened for electricity, gas, steam (9.40 percent vs 14.49 percent). On a monthly basis, producer prices were up 0.69 percent, easing from a 1.54 percent gain in the preceding month.
Producer Prices Change in Turkey averaged 36.78 percent from 1983 until 2020, 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 2020. source: Turkish Statistical Institute
Producer Prices Change in Turkey is expected to be 8.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Turkey to stand at 7.00 in 12 months time. In the long-term, the Turkey Producer Prices Change is projected to trend around 6.90 percent in 2021 and 7.40 percent in 2022, according to our econometric models.