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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
TurkeyTurkey Producer Price Index YoY climbed to 28.93% in May 2026
FMPMonthlyReleased June 2026
Turkey Producer Price Index YoY climbed to 28.93% in May 2026, released June 2026, up 0.34% from April's 28.59% reading. The reading matched the 29.2% consensus. Producer Price Index YoY has now risen for 5 consecutive months. Over the past 3 months, Producer Price Index YoY averaged 28.34%, vs 27.47% in the prior 3-month window. Producer Price Index YoY is now the highest in 16 months.
Latest Release
28.93
Actual
29.2
Consensus
28.59
Previous
Median Absolute Error
±0.97 percentage points
across last 12 releases
Last Call
Jun 2026
Predicted: 31.12
Actual: 28.93
Error: +2.18
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| BTC/USD | ▲ Direct | +0.40 | CRYPTO | Bullish BTC | → View |
| S&P 500 | ▲ Direct | +0.38 | INDEX | Bullish S&P 500 | → View |
| USD/TRY | ▲ Direct | +0.26 | FOREX | Bullish USD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index YoY (Turkey) was reported at 28.93% in June 2026. This missed the market consensus of 29.2% by 0.27%. The reading rose from the previous value of 28.59%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 26.96%, ranging from 24.19% to 28.93% across 10 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 28.19%, up from the prior three at 27.36%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Bullish BTC). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.97%.
WHAT TO WATCH NEXT
The next release is scheduled for July 3, 2026. Same-country events in the next 14 days include Business Confidence (Jun 19) and Consumer Confidence (Jun 22).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Producer Price Index YoY - TR
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About Producer Price Index YoY — Turkey
DEFINITION
Turkey's Producer Price Index YoY for May came in at 28.930000%, slightly below the 29.200000% estimate but above April's 28.08%. The data shows continued inflationary pressure with a steady upward trend from April to May. Market focus remains on central bank policy amid persistent price increases. Updated 6/5/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 28.93 %, consensus 29.2 %. Prior reading (Apr 2026): 28.59 %. Before that (Mar 2026): 28.08 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with BTC/USD (Bullish BTC, r=0.40) — a useful reference for crypto-focused traders.