Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Turkey
TURPITGCD02IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
582.23
Year-over-Year Change
223.22%
Date Range
1/1/2003 - 10/1/2022
Summary
The Producer Prices Index (PPI) for Durable Consumer Goods measures changes in wholesale prices of domestically produced durable consumer goods in Turkey. It is a key indicator of inflationary pressures and industrial activity.
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 PPI for Durable Consumer Goods tracks the selling prices received by domestic producers of long-lasting consumer products such as furniture, appliances, and electronics. It provides insights into cost-push inflation and the health of Turkey's manufacturing sector.
Methodology
The data is collected through surveys of producers and calculated as an index by Turkey's statistical agency.
Historical Context
The PPI is closely monitored by the Central Bank of Turkey and analysts to assess pricing trends and support monetary policy decisions.
Key Facts
- Turkey's PPI for Durable Consumer Goods has a base year of 2015 = 100.
- Durable consumer goods account for around 12% of Turkey's total producer price index.
- The index reached an all-time high of 559.57 in March 2022.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index (PPI) for Durable Consumer Goods measures the wholesale prices received by domestic producers of long-lasting consumer products in Turkey.
Q: Why is this trend relevant for users or analysts?
A: The PPI for Durable Consumer Goods provides insights into inflationary pressures and the health of Turkey's manufacturing sector, making it a key indicator for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of producers and calculated as an index by Turkey's statistical agency.
Q: How is this trend used in economic policy?
A: The PPI for Durable Consumer Goods is closely monitored by the Central Bank of Turkey and analysts to assess pricing trends and support monetary policy decisions.
Q: Are there update delays or limitations?
A: The PPI data is published monthly by Turkey's statistical agency, with no significant update delays.
Related Trends
Infra-Annual Labor Statistics: Labor Force Male: From 55 to 64 Years for Turkiye
LFAC55MATRA647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Turkiye
TURCP070000CTGYM
Infra-Annual Labor Statistics: Working-Age Population Female: 15 Years or over for Turkiye
LFWATTFETRQ647S
Life Insurance Premium Volume to GDP for Turkey
DDDI09TRA156NWDB
International Merchandise Trade Statistics: Imports: Commodities for Turkiye
XTIMVA01TRM667S
Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Turkey
MANMM101TRM189N
Citation
U.S. Federal Reserve, Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Turkey (TURPITGCD02IXOBQ), retrieved from FRED.