FX.co ★ Turkey’s Producer Inflation Cools in October, Easing to 1.65% Month-on-Month

Turkey’s Producer Price Index (PPI) growth eased in October 2026, signaling a moderation in upstream inflation pressures. Month-on-month, producer prices rose 1.65% in October, down from a 2.07% increase recorded in September 2026.

The data, updated on 3 November 2026, show that while producer prices are still climbing on a monthly basis, the pace of gains is slowing compared with the previous month. The October reading compares the change in prices over that month to September, while the September figure reflected the change versus August, underscoring a gradual deceleration in producer-level inflation momentum.

For markets and policymakers, the softer monthly PPI print may be seen as a tentative sign that cost pressures on producers are easing, which could, over time, filter through to consumer prices and broader inflation dynamics, depending on currency movements, input costs, and domestic demand conditions.