Annual producer price inflation in Turkey rose for the eleventh straight month to 35.2% in April of 2021 from 31.2% in March. reaching its highest level since November of 2018. Prices continued to surge for manufacturing (38.1% vs 34% in March); mining & quarrying (27.1% vs 21.3%); water supply (28.3% vs 27.3%) and electricity, gas, steam and air conditioning (4.5% vs 2.6%). On a monthly basis, producer prices inched up 4.3%, following a 4.1% increase in the previous month. source: Turkish Statistical Institute
Producer Prices Change in Turkey averaged 36.46 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 May of 2021.
Producer Prices Change in Turkey is expected to be 34.00 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 12.00 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.