The annual producer inflation in Turkey slowed for the fourth month to 76.61% in February 2023 from 86.46% in the previous month. It was the softest increase since November 2021, as prices eased for all main sectors namely; mining and quarrying (93.92% vs 101.51% in January), manufacturing (65.68% vs 70.49%), electricity, gas, steam and air conditioning (152.11% vs 237.14%) and water supply (103.60% vs 116.64%). On a monthly basis, producer prices rose 1.56%, decelerating from a 4.15% gain in January. source: Turkish Statistical Institute

Producer Prices Change in Turkey averaged 39.16 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 March of 2023.

Producer Prices Change in Turkey is expected to be 77.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Turkey Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2023-02-03 07:00 AM Jan 86.46% 97.72% 91.0%
2023-03-03 07:00 AM Feb 76.61% 86.46% 81.7%
2023-04-03 07:00 AM Mar 76.61% 77.0%


Related Last Previous Unit Reference
Inflation Rate 55.18 57.68 percent Feb 2023
Inflation Rate MoM 3.15 6.65 percent Feb 2023
Consumer Price Index CPI 1241.33 1203.48 points Feb 2023
Core Inflation Rate 50.58 52.97 percent Feb 2023
Core Consumer Prices 938.59 919.02 points Feb 2023
GDP Deflator 231.30 223.40 points Dec 2022
Producer Prices 2138.04 2105.17 points Feb 2023
Producer Prices Change 76.61 86.46 percent Feb 2023
Export Prices 115.14 111.50 points Jan 2023
Import Prices 143.63 136.78 points Jan 2023
Food Inflation 69.30 71.00 percent Feb 2023
CPI Transportation 1332.38 1298.68 points Feb 2023
CPI Housing Utilities 1292.22 1275.95 points Feb 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
76.61 86.46 157.69 -3.75 1983 - 2023 percent Monthly
NSA

News Stream
Turkey Producer Inflation Slows to 15-Month Low
The annual producer inflation in Turkey slowed for the fourth month to 76.61% in February 2023 from 86.46% in the previous month. It was the softest increase since November 2021, as prices eased for all main sectors namely; mining and quarrying (93.92% vs 101.51% in January), manufacturing (65.68% vs 70.49%), electricity, gas, steam and air conditioning (152.11% vs 237.14%) and water supply (103.60% vs 116.64%). On a monthly basis, producer prices rose 1.56%, decelerating from a 4.15% gain in January.
2023-03-03
Turkey Producer Inflation Lowest in 13 Months
The annual producer inflation in Turkey eased for the third month to 86.46% in January 2023, the softest growth since December 2021 and following a 97.72% increase in the previous month. Prices slowed for all main sectors namely; mining and quarrying (101.51% vs 122.92% in December 2022), manufacturing (70.49% vs 78.66%), electricity, gas, steam and air conditioning (237.14% vs 284.99%) and water supply (116.64% vs 130.34%). On a monthly basis, producer prices grew by 4.15%, after a 0.24% decline in December.
2023-02-03
Turkey Producer Inflation at 11-Month Low
The annual producer inflation in Turkey eased sharply to 97.72% in December 2022, the softest increase since January, and following a 136.02% rise a month earlier. Prices notably slowed from three of the four main sectors namely; mining and quarrying (122.92% vs 146.43% in November), manufacturing (78.66% vs 107.64%) and electricity, gas, steam and air conditioning (284.99% vs 442.97%). On the other hand, costs accelerated for water supply (130.34% vs 114.41%). Compared to the previous month, producer prices fell by 0.24%, the first decline since November 2019.
2023-01-03