Turkiye Producer Inflation Hits 28.93% in May as Manufacturing Prices Rise 30.72%
Updated
Updated · Fibre2fashion.com · Jun 12
Turkiye Producer Inflation Hits 28.93% in May as Manufacturing Prices Rise 30.72%
1 articles · Updated · Fibre2fashion.com · Jun 12
Summary
28.93% producer inflation in May marked Turkiye’s annual rise in domestic producer prices, with manufacturing—the biggest industrial sector—up 30.72% from a year earlier.
31.45% energy inflation helped drive the increase, alongside 31.39% gains in durable consumer goods and 31.05% in non-durable goods, showing broad price pressure across industrial groupings.
12.04% monthly growth in electricity, gas, steam and air conditioning was the sharpest sector increase in May, while energy prices overall rose 6.60% from April.
2.99% monthly gains in textiles, 1.16% in machinery and 0.86% in furniture pointed to continued cost pressure across key manufacturing segments, even as other manufactured goods slipped 0.43%.