Turkey’s annual producer inflation rate rose to 28.08% in March 2026, its highest level since December 2024, up from 27.56% in February. Price growth accelerated in manufacturing (39.43% vs. 27.98% in February), mining and quarrying (32.28% vs. 31.88%), and water supply (38.25% vs. 38.22%). In contrast, inflation eased in electricity, gas, steam, and air conditioning (14.32% vs. 22.53%).
By main industrial groupings, inflation picked up for non-durable consumer goods (31.95% vs. 31.57%) and energy (27.18% vs. 20.68%). Meanwhile, it slowed for intermediate goods (25.84% vs. 26.09%), durable consumer goods (30.45% vs. 32.14%), and capital goods (27.18% vs. 29.51%). On a monthly basis, producer prices rose 2.30% in March, easing slightly from a 2.43% increase in February.
