FX.co ★ Turkish Producer Prices Rise the Least Since 2020

In March 2025, Turkey's annual producer inflation rate eased to 23.50%, a decline from February's 25.21%, continuing its downward trend for the tenth straight month. This figure is the lowest recorded since November 2020, attributed to a broad moderation in sector prices: manufacturing saw a decrease to 23.14% from 24.76% in February, mining and quarrying reduced to 30.89% from 33.34%, and electricity, gas, and steam fell to 21.15% from 23.95%. However, there was a slight increase in water supply prices, which rose to 58.02% from 57.58%. On a month-to-month basis, producer prices increased by 1.88%, marking the smallest rise in three months, following a 2.12% increase in the previous month.