Annual producer price inflation in Turkey increased to 26.16 percent in January of 2021 from 25.15 percent in December 2020, reaching its highest level since May of 2019. Main upward pressure came from prices of manufacturing (28.42 percent vs 27.32 percent in December), mining & quarrying (19.17 percent vs 19.02 percent), water supply (25.88 percent vs 14.83 percent) and electricity, gas, steam and air conditioning (0.02 percent vs 0.25 percent). On a monthly basis, producer prices were up 2.66 percent, following a 2.36 percent rise in the previous month. source: Turkish Statistical Institute

Producer Prices Change in Turkey averaged 36.49 percent from 1983 until 2021, 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 February of 2021.

Producer Prices Change in Turkey is expected to be 19.50 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 12.30 in 12 months time. In the long-term, the Turkey Producer Prices Change is projected to trend around 8.90 percent in 2022 and 5.60 percent in 2023, according to our econometric models.

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Turkey Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
26.16 25.15 139.90 -3.75 1983 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-03 07:00 AM Oct 18.2% 14.33% 17.8%
2020-12-03 07:00 AM Nov 23.11% 18.2% 19.5%
2021-01-04 07:00 AM Dec 25.15% 23.11% 23.6%
2021-02-03 07:00 AM Jan 26.16% 25.15% 24.4%
2021-03-03 07:00 AM Feb 26.16% 27.1%
2021-04-05 07:00 AM Mar
2021-05-03 07:00 AM Apr
2021-06-03 07:00 AM May


News Stream
Turkish Producer Inflation at 20-Month High of 26.16%
Annual producer price inflation in Turkey increased to 26.16 percent in January of 2021 from 25.15 percent in December 2020, reaching its highest level since May of 2019. Main upward pressure came from prices of manufacturing (28.42 percent vs 27.32 percent in December), mining & quarrying (19.17 percent vs 19.02 percent), water supply (25.88 percent vs 14.83 percent) and electricity, gas, steam and air conditioning (0.02 percent vs 0.25 percent). On a monthly basis, producer prices were up 2.66 percent, following a 2.36 percent rise in the previous month.
2021-02-03
Turkish Producer Prices Rise the Most in Over 1-1/2 Years
Annual producer price inflation in Turkey increased to 25.15 percent in December of 2020 from 23.11 percent in November, reaching its highest level since May of 2019. Main upward pressure came from prices of manufacturing (27.32 percent vs 25.04 percent in November), mining & quarrying (19.02 percent vs 19.63 percent), water supply (14.83 percent vs 12.83 percent) and electricity, gas, steam and air conditioning (0.25 percent vs 0.58 percent). On a monthly basis, producer prices were up 2.36 percent, following a 4.08 percent rise in November.
2021-01-04
Turkish Producer Prices Rise the Most in 17 Months
Annual producer price inflation in Turkey rose to 23.11 percent in November of 2020 from 18.20 percent in October, reaching its highest level since June of 2019. Main upward pressure came from prices of manufacturing (25.04 percent vs 19.81 percent), mining & quarrying (19.63 percent vs 17.01 percent) and water supply (12.83 percent vs 12.49 percent). Also, cost rebounded for electricity, gas, steam and air conditioning (0.58 percent vs -1.62 percent). On a monthly basis, producer prices were up 4.08 percent, after increasing 3.55 percent.
2020-12-03
Turkey October Producer Inflation Quickens to 15-Month High
Annual producer price inflation in Turkey rose to 18.20 percent in October of 2020 from 14.33 percent in September, reaching its highest level since July of 2019. Main upward pressure came from prices of manufacturing (19.81 percent vs 15.52 percent), mining & quarrying (17.01 percent vs 16.87 percent) and water supply (12.49 percent vs 13.25 percent). Also, cost fell less for electricity, gas, steam and air conditioning (-1.62 percent vs -2.62 percent). On a monthly basis, producer prices inched up 3.55 percent, after rising 2.65 percent, as the lira continued to depreciate.
2020-11-03

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.