Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Turkey
PIEATI02TRM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
817.68
Year-over-Year Change
97.72%
Date Range
1/1/1960 - 12/1/2022
Summary
The Producer Prices Index (PPI) for Industrial Activities in Turkey measures changes in the selling prices received by domestic producers of goods and services. It serves as an important indicator of inflationary pressures in the Turkish economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Producer Prices Index (PPI) for Industrial Activities in Turkey tracks the monthly change in prices received by domestic producers across various industrial sectors. It is a key metric used by economists and policymakers to monitor production-side inflation and gauge the overall health of the Turkish industrial economy.
Methodology
The data is collected through a monthly survey of producers and calculated by the Turkish Statistical Institute.
Historical Context
The PPI is closely watched by the Central Bank of Turkey and other government agencies to inform monetary and fiscal policy decisions.
Key Facts
- The PPI for Industrial Activities in Turkey has a base year of 2015.
- Turkey's PPI for Industrial Activities reached a record high in June 2022.
- The PPI is an important leading indicator of consumer price inflation in Turkey.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index (PPI) for Industrial Activities in Turkey measures the monthly change in selling prices received by domestic producers of goods and services across various industrial sectors.
Q: Why is this trend relevant for users or analysts?
A: The PPI is a key indicator of production-side inflationary pressures and the overall health of the Turkish industrial economy, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of producers and calculated by the Turkish Statistical Institute.
Q: How is this trend used in economic policy?
A: The PPI for Industrial Activities is closely monitored by the Central Bank of Turkey and other government agencies to inform monetary and fiscal policy decisions aimed at managing inflation and supporting industrial growth.
Q: Are there update delays or limitations?
A: The PPI data for Turkey is typically released with a one-month lag, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Turkey (PIEATI02TRM661N), retrieved from FRED.