Turkey’s annual producer inflation rose to 23.13% in May 2025, from a four-and-a-half-year low of 22.50% in April. Inflation picked up for manufacturing (22.99% vs 22.65% in April) and electricity, gas, and steam (19.83% vs 14.45%). Meanwhile, price growth slowed for mining and quarrying (28.11% vs 29.59%) and water supply (57.57% vs 58.14%). On a monthly basis, producer prices increased by 2.48% in May, easing from a 2.76% rise in April, which was the highest level in three months.