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.

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Turkey Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
6.17 5.53 139.90 -3.75 1983 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-03 07:00 AM Mar 8.5% 9.26% 8.2%
2020-05-04 07:00 AM Apr 6.71% 8.5% 5.8%
2020-06-03 07:00 AM May 5.53% 6.71% 4.97%
2020-07-03 07:00 AM Jun 6.17% 5.53% 6.39%
2020-08-04 07:00 AM Jul 6.17%
2020-09-03 07:00 AM Aug
2020-10-05 07:00 AM Sep 8.5%
2020-11-03 07:00 AM Oct


News Stream
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
Turkish Producer Inflation Slows to 6-Month Low
Producer prices in Turkey decreased to 5.53 percent year-on-year in May of 2020, easing from a 6.71 percent in the previous month. It was the lowest producer inflation since November of 2019, as prices slowed for manufacturing (4.98 percent vs 6.27 percent in April) and mining & quarrying (3.63 percent vs 7.44 percent). On the other hand, cost advanced faster for electricity, gas, steam (14.49 percent from 12.86 percent) and water supply (6.61 percent from 4.57 percent). On a monthly basis, producer prices went up 1.54 percent, after rising 1.28 percent in the prior month.
2020-06-03
Turkey Producer Inflation Rate Eases to 6.71% in April
Producer prices in Turkey fell to 6.71 percent year-on-year in April 2020, easing from an 8.5 percent gain in the previous month. It was the lowest producer inflation rate since November, as prices slowed in manufacturing (6.27 percent from 7.79 percent in March); mining & quarrying (7.44 percent from 10.90 percent); electricity, gas, steam (12.86 percent from 18.08 percent); and water supply (4.57 percent from 5.51 percent). On a monthly basis, producer prices went up 0.87 percent, after rising 0.48 percent in the prior month.
2020-05-04
Turkey Producer Inflation Slows to 8.5% in March
Producer prices in Turkey increased by 8.5 percent year-on-year in March of 2020, following a 9.26 percent surge in the previous month. Prices slowed mostly in manufacturing (7.79 percent vs 8.52 percent in February); electricity, gas, steam (18.08 percent vs 19.24 percent) and mining & quarrying (10.90 percent vs 12.26 percent). In contrast, costs advanced faster for water supply (5.51 percent vs 5.27 percent). On a monthly basis, producer prices went up 0.87 percent, after rising 0.48 percent in the prior month.
2020-04-03

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.