The annual producer inflation in Turkey eased further to 40.76% in May 2023, the lowest rate since May 2021 and from 52.11% in the previous month. Prices continued to slow for all industry sectors particularly, electricity, gas, steam & air conditioning (0.53% vs 50.27% in April), mining & quarrying (56.84% vs 63.87%), manufacturing (42.34% vs 48.24%) and water supply (66.27% vs 72.84%). On a monthly basis, producer prices increased 0.65%, following a 0.81% rise in April. source: Turkish Statistical Institute

Producer Prices Change in Turkey averaged 39.23 percent from 1983 until 2023, 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 June of 2023.

Producer Prices Change in Turkey is expected to be 46.00 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 7.50 percent in 2024 and 3.00 percent in 2025, according to our econometric models.

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Turkey Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2023-05-03 07:00 AM Apr 52.11% 62.45% 50.4%
2023-06-05 07:00 AM May 40.76% 52.11% 39%
2023-07-03 07:00 AM Jun 40.76% 46.0%


Related Last Previous Unit Reference
Inflation Rate 39.59 43.68 percent May 2023
Inflation Rate MoM 0.04 2.39 percent May 2023
Consumer Price Index CPI 1300.60 1300.04 points May 2023
Core Inflation Rate 46.62 45.48 percent May 2023
Core Consumer Prices 1031.64 989.57 points May 2023
GDP Deflator 194.20 231.30 points Mar 2023
Producer Prices 2179.02 2164.94 points May 2023
Producer Prices Change 40.76 52.11 percent May 2023
Export Prices 114.87 116.16 points Mar 2023
Import Prices 132.94 136.79 points Mar 2023
Food Inflation 52.50 53.92 percent May 2023
CPI Transportation 1400.79 1374.88 points May 2023
CPI Housing Utilities 1119.36 1298.41 points May 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
40.76 52.11 157.69 -3.75 1983 - 2023 percent Monthly
NSA

News Stream
Turkey Producer Inflation Lowest in 2 Years
The annual producer inflation in Turkey eased further to 40.76% in May 2023, the lowest rate since May 2021 and from 52.11% in the previous month. Prices continued to slow for all industry sectors particularly, electricity, gas, steam & air conditioning (0.53% vs 50.27% in April), mining & quarrying (56.84% vs 63.87%), manufacturing (42.34% vs 48.24%) and water supply (66.27% vs 72.84%). On a monthly basis, producer prices increased 0.65%, following a 0.81% rise in April.
2023-06-05
Turkey Producer Inflation at 1-½ Year Low
The annual producer inflation in Turkey slowed to 52.11% in April 2023, the lowest rate since October 2021 and from 62.45% in the previous month. Prices continued to ease sharply for all main industry sectors namely, mining & quarrying (63.87% vs 80.42% in March), manufacturing (48.24% vs 55.19%), electricity, gas, steam & air conditioning (50.27% vs 95.46%) and water supply (72.84% vs 95.48%). On a monthly basis, producer prices increased 0.81%, accelerating from a 0.44% rise in March.
2023-05-03
Turkey Producer Inflation at 16-Month Low
The annual producer inflation in Turkey eased to 62.45% in March 2023 from 76.61% in the previous month. It was the lowest producer inflation since November 2021, due to the slowdown in prices of all main sectors: electricity, gas, steam and air conditioning (95.46% vs 152.11% in February), mining and quarrying (80.42% vs 93.92%), manufacturing (55.19% vs 65.68%) and water supply (95.48% vs 103.60%). On a monthly basis, producer prices advanced 0.44%, slowing from a 1.56% gain in February.
2023-04-03