Turkey’s producer price inflation eased to 43.96 percent year-on-year in September of 2021 from the near 3-year high of 45.52 percent in the previous month. Inflation slowed for intermediate goods (51.6 percent vs 54.7percent in August), non-durable consumer goods (30.5 percent vs 31.5 percent), and capital goods (26.3 percent vs 27.5 percent), while prices accelerated for energy (62.4 percent vs 59.4 percent) and durable consumer goods (29.3 percent vs 29.1 percent). On a monthly basis, producer prices edged up 1.55 percent in September, compared to 2.77 percent in August. source: Turkish Statistical Institute
Producer Prices Change in Turkey averaged 36.53 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 October of 2021.
Producer Prices Change in Turkey is expected to be 38.00 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 9.50 percent in 2022 and 6.60 percent in 2023, according to our econometric models.