Producer prices in Turkey increased by 8.84 percent year-on-year in January 2020, the most since August and compared to a 7.36 percent advance in the previous month. Upward pressure came from manufacturing (8.45 percent vs 6.98 percent in December 2019), electricity, gas, steam (13.07 percent vs 12.43 percent), and water supply (4.27 percent vs -7.94 percent). On the other hand, mining and quarrying inflation softened to 12.76 percent from 13.31 percent. On a monthly basis, producer prices rose by 1.84 percent in January, the most since May last year.

Producer Prices Change in Turkey averaged 37.11 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. source: Turkish Statistical Institute

Producer Prices Change in Turkey is expected to be 9.20 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 8.10 in 12 months time. In the long-term, the Turkey Producer Prices Change is projected to trend around 6.90 percent in 2021, according to our econometric models.


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Turkey Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
8.84 7.36 139.90 -3.75 1983 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-04 07:00 AM Oct 1.7% 2.45% 3%
2019-12-03 07:00 AM Nov 4.26% 1.7% 5%
2020-01-03 07:00 AM Dec 7.36% 4.26% 7.3%
2020-02-03 07:00 AM Jan 8.84% 7.36% 8.2%
2020-03-03 07:00 AM Feb 8.84%
2020-04-03 07:00 AM Mar 9.1%
2020-05-04 07:00 AM Apr
2020-06-03 07:00 AM May


News Stream
Turkish Producer Inflation Rises to 5-Month High
Producer prices in Turkey increased by 8.84 percent year-on-year in January 2020, the most since August and compared to a 7.36 percent advance in the previous month. Upward pressure came from manufacturing (8.45 percent vs 6.98 percent in December 2019), electricity, gas, steam (13.07 percent vs 12.43 percent), and water supply (4.27 percent vs -7.94 percent). On the other hand, mining and quarrying inflation softened to 12.76 percent from 13.31 percent. On a monthly basis, producer prices rose by 1.84 percent in January, the most since May last year.
2020-02-03
Turkish Producer Prices Rise the Most in 4 Months
Producer prices in Turkey increased by 7.36 percent year-on-year in December 2019, accelerating from a 4.26 percent gain in the previous month. This was the highest producer inflation since August, as cost advanced faster for mining and quarrying (13.31 percent vs 9.93 percent in November), manufacturing (6.98 percent vs 4.45 percent) and electricity, gas, steam (12.43 percent vs 3.82 percent). On the other hand, water supply prices fell further (-7.94 percent vs -7.51 percent). On a monthly basis, producer prices increased by 0.69 percent in December, the most since May, after edging down 0.08 percent in November.
2020-01-03
Turkish Producer Inflation Accelerates in November
Producer prices in Turkey increased by 4.26 percent year-on-year in November 2019, after a 1.7 percent gain in the previous month. Cost advanced faster for both manufacturing (4.45 percent vs 1.26 percent) and mining and quarrying (9.93 percent vs 8.04 percent). Meanwhile, electricity, gas inflation slowed (3.82 percent vs 6.82 percent) while water supply prices fell further (-7.51 percent vs -6.53 percent). On a monthly basis, producer prices edged down 0.08 percent in November, following a 0.17 percent gain in October.
2019-12-03
Turkish Producer Inflation Slows to 6-1/2-Year Low
Producer prices in Turkey increased by 1.7 percent year-on-year in October 2019, at the slowest rate since April 2013, as cost rose at a softer pace for both manufacturing (1.26 percent vs 1.41 percent in September) and electricity, gas (6.82 percent vs 14.5 percent). In addition, prices of water supply continued to fall (-6.53 percent vs -6.59 percent). Conversely, mining and quarrying inflation accelerated to 8.04 percent from 7.83 percent. On a monthly basis, producer prices increased by 0.17 percent in October, following a 0.13 percent gain in September.
2019-11-04

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.