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Turkey Producer Price Index (PPI) YoY

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Turkey Producer Price Index (PPI) YoY

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Delivery Method

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Status

 
Latest Release
May 03, 2021
Actual
35.17%
Previous
31.20%
The Producer Price Index (PPI) measures average changes in prices received by domestic producers for their output. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation. Usually a rise in PPI will lead in a short time to a rise in CPI and therefore to a rising interest rates and rising currency. during recession, the producers are not able to roll over the rising cost of material to the consumer, so a rise in PPI will not be rolled over to the consumer but will lower the profitablility of the producer and will deepen the recession, that will lead to a fall in local currency.
Importance:
Country:
Currency: TRY
Source: TURKSTAT - Turkish Statistical...
Turkey Producer Price Index (PPI) YoY
 
Release Date Time Actual Forecast Previous
May 03, 2021 (Apr) 03:00 35.17%   31.20%
Apr 05, 2021 (Mar) 03:00 31.20%   27.09%
Mar 03, 2021 (Feb) 03:00 27.09%   26.16%
Feb 03, 2021 (Jan) 03:00 26.16%   25.15%
Jan 04, 2021 03:00 25.15%   23.11%
Dec 03, 2020 (Nov) 03:00 23.11%   18.20%

Analysis

Marc Chandler
Market Pushes First Rate Hike Into 2022 By Marc Chandler - Apr 05, 2021

Many financial centers in Asia and Europe remain closed for the extended holiday. Although several markets that were open were higher in the Asia Pacific region, India was an exception as a record...

PPI (YoY) Discussion

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