The annual producer inflation in Turkey accelerated to a fresh record high of 157.69% in October of 2022 from 151.5% in the previous month. Prices increased in the main four sectors of industry: manufacturing (122.97%), mining and quarrying (162.06%), electricity, gas, steam & air conditioning (554.56%), and water supply (109.45%). Similarly, prices increased for intermediate goods (123.12%); durable consumer goods (98.65%); non-durable consumer goods (132.88%); and capital goods (95.61%). On a monthly basis, producer prices increased by 7.83%, almost doubling from 4.78% in September. source: Turkish Statistical Institute
Producer Prices Change in Turkey averaged 38.65 percent from 1983 until 2022, reaching an all time high of 157.69 percent in October of 2022 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 November of 2022.
Producer Prices Change in Turkey is expected to be 140.00 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 55.00 percent in 2023 and 15.50 percent in 2024, according to our econometric models.