Turkey's producer price inflation accelerated to 45.52 year-on-year in August 2021, from 44.92 percent in the previous month. It was the highest rate since September 2018, adding to concerns over inflationary pressure in the country. Prices rose for energy (59.39 percent vs 42.42 percent in July), intermediate goods (54.71 percent vs 57.23 percent), non-durable consumer goods (31.49 percent vs 31.44 percent), durable consumer goods (29.12 percent vs 31.58 percent), and capital goods (27.48 percent vs 31.38 percent). On a monthly basis, producer prices jumped 2.77 in August, faster than a 2.46 rise in July. source: Turkish Statistical Institute

Producer Prices Change in Turkey averaged 36.51 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 September of 2021.

Producer Prices Change in Turkey is expected to be 44.20 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 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
45.52 44.92 139.90 -3.75 1983 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-03 07:00 AM May 38.33% 35.17% 35.64%
2021-07-05 07:00 AM Jun 42.89% 38.33% 41.77%
2021-08-03 07:00 AM Jul 44.92% 42.89% 44.6%
2021-09-03 07:00 AM Aug 45.52% 44.92% 43.7%
2021-10-04 07:00 AM Sep 45.52% 44.2%
2021-11-03 07:00 AM Oct
2021-12-03 07:00 AM Nov


News Stream
Turkish Producer Prices Rise Most in 3 Years
Turkey's producer price inflation accelerated to 45.52 year-on-year in August 2021, from 44.92 percent in the previous month. It was the highest rate since September 2018, adding to concerns over inflationary pressure in the country. Prices rose for energy (59.39 percent vs 42.42 percent in July), intermediate goods (54.71 percent vs 57.23 percent), non-durable consumer goods (31.49 percent vs 31.44 percent), durable consumer goods (29.12 percent vs 31.58 percent), and capital goods (27.48 percent vs 31.38 percent). On a monthly basis, producer prices jumped 2.77 in August, faster than a 2.46 rise in July.
2021-09-03
Turkish Producer Prices Climb for 14th Month
Producer price inflation in Turkey quickened for the 14th straight month to 44.9% year-on-year in July of 2021 from 42.9% in the previous month. It was the highest increase in producer prices since October of 2018, mainly driven by prices of manufacturing (47.9% vs 45.9% in June). Meanwhile, costs slowed a bit for mining & quarrying (34.4% vs 35.3%); electricity, gas, steam and air conditioning (15.1% vs 28.6%) and water supply (28.3% vs 28.6%). On a monthly basis, producer prices rose 2.46%, slowing from a 4.01% rise in the previous month.
2021-08-03
Turkish Producer Inflation Highest since 2018 at 42.9%
Producer price inflation in Turkey quickened for the 13th straight month to 42.9 percent year-on-year in June of 2021 from 38.3 percent in the previous month. It was the highest increase in producer prices since November of 2018, bolstered by prices in manufacturing (45.9 percent vs 41.3 percent in May); mining & quarrying (35.3 percent vs 32.9 percent); and electricity, gas, steam and air conditioning (28.6 percent vs 6.6 percent). On the other hand, prices slowed for water supply (28.6 percent vs 29.7 percent). On a monthly basis, producer prices went up 4.0 percent, accelerating from a 3.9 percent rise in May.
2021-07-05
Turkey Producer Price Inflation Quickens in May
Producer price inflation in Turkey quickened for the twelfth straight month to 38.3 percent year-on-year in May of 2021 from 35.2 percent in the previous month. It was the highest increase in producer prices since November of 2018, bolstered by prices in manufacturing (41.3 percent vs 38.1 percent in April); mining & quarrying (32.9 percent vs 27.1 percent); water supply (29.7 percent vs 28.3 percent); and electricity, gas, steam and air conditioning (6.6 percent vs 4.5 percent). On a monthly basis, producer prices went up 3.9 percent, slower than a 4.3 percent increase in the previous month.
2021-06-03

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.