Türkiye's agricultural input prices rise 36.65% annually in May
Türkiye's Agricultural Input Price Index (Agricultural-IPI) increased by 36.65% year-on-year in May 2026, while recording a 0.44% monthly rise, according to figures released by the Turkish Statistical Institute (TurkStat) on Monday.
The Agricultural-IPI, based on 2020=100, also increased by 18.01% compared with December 2025 and by 34.20% compared with the twelve-month moving average, reflecting continued cost pressures across the agricultural sector.
According to TurkStat, prices for goods and services currently consumed in agriculture rose 0.35% from the previous month, while goods and services contributing to agricultural investment increased 1.04% over the same period.
On an annual basis, the cost of goods and services currently consumed in agriculture climbed 39.29%, while prices for goods and services related to agricultural investment increased 21.52% compared with May 2025.
Among the subgroups, fertilisers and soil improvers recorded the sharpest annual increase, rising 63.56% year-on-year, making it the category with the highest annual rate of change.
Meanwhile, energy and lubricants posted the largest monthly decline among the subgroups, falling 4.39% compared with April 2026.
The latest data highlight the continued rise in production costs facing Türkiye's agricultural sector, with fertilizer prices remaining a key driver of annual input cost inflation despite a monthly easing in energy-related expenses. (ILKHA)
LEGAL WARNING: All rights of the published news, photos and videos are reserved by İlke Haber Ajansı Basın Yayın San. Trade A.Ş. Under no circumstances can all or part of the news, photos and videos be used without a written contract or subscription.
The US dollar gained against the Turkish lira on Tuesday as renewed tensions in the Middle East supported demand for the US currency.
Türkiye's Non-Domestic Producer Price Index (ND-PPI) rose 30.33% year-on-year in June 2026, while increasing 0.46% month-on-month, according to data released by the Turkish Statistical Institute (TurkStat) on Monday.
Nearly one million Afghans are employed directly or indirectly in the country's carpet industry, underscoring the sector's continued importance to the national economy, according to the Office of the Deputy Prime Minister for Economic Affairs.