Annual producer price inflation in Turkey went up to 14.33 percent in September of 2020 from 11.53 percent in August, the highest since July of 2019. Cost increased for manufacturing (15.52 percent vs 12.29 percent), mining and quarrying (16.87 percent vs 13.26 percent) and water supply (13.25 percent vs 11.33 percent). On a monthly basis, producer prices jumped 2.65 percent, as the lira continued to depreciate.

Producer Prices Change in Turkey averaged 36.61 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 October of 2020. source: Turkish Statistical Institute

Producer Prices Change in Turkey is expected to be 8.10 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 7.40 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.

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Turkey Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
14.33 11.53 139.90 -3.75 1983 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-03 07:00 AM Jun 6.17% 5.53% 6.39%
2020-08-04 07:00 AM Jul 8.33% 6.17% 8.3%
2020-09-03 07:00 AM Aug 11.53% 8.33% 10.7%
2020-10-05 07:00 AM Sep 14.33% 11.53% 13.2%
2020-11-03 07:00 AM Oct 14.33%
2020-12-03 07:00 AM Nov


News Stream
Turkey Producer Inflation Highest in Over 1 Year
Annual producer price inflation in Turkey went up to 14.33 percent in September of 2020 from 11.53 percent in August, the highest since July of 2019. Cost increased for manufacturing (15.52 percent vs 12.29 percent), mining and quarrying (16.87 percent vs 13.26 percent) and water supply (13.25 percent vs 11.33 percent). On a monthly basis, producer prices jumped 2.65 percent, as the lira continued to depreciate.
2020-10-05
Turkish Producer Price Inflation Hits 1-Year High
Turkey's domestic producer price inflation accelerated to 11.53 percent year-on-year in August 2020, the highest rate in one year, boosted by cost for manufacturing (12.29 percent), mining and quarrying (13.26 percent) and water supply (11.33 percent). Electricity, gas, steam and air conditioning prices were little-changed (0.14 percent). On a monthly basis, producer prices jumped 2.35 percent, amid a falling lira.
2020-09-03
Turkey July Producer Inflation at 4-Month High of 8.3%
Producer prices in Turkey surged 8.33 percent year-on-year in July of 2020, quickening from a 6.17 percent rise in the previous month. It was the highest producer inflation since March. Prices advanced faster in all categories: electricity, gas, steam (12.69 percent vs 9.40 percent in June); water supply (12.06 percent vs 7.30 percent); mining & quarrying (8.94 percent vs 4.19 percent) and manufacturing (7.95 percent vs 5.99 percent). On a monthly basis, producer prices inched up 1.02 percent, after increasing 0.69 percent in the preceding month.
2020-08-04
Turkish June Producer Inflation Quickens to 6.17%
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.
2020-07-03

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.