Türkiye’s Wholesale Price Index Rises 2.56% in August 2025

Türkiye’s Wholesale Price Index (WPI), which tracks bulk price movements across key sectors, increased by 2.56% in August 2025, according to data released by the Istanbul Chamber of Commerce (İTO). The figure marks an acceleration compared to July’s 1.14% monthly rise.

On an annual basis, wholesale prices rose 26.20% compared to August 2024, while the annual average increase over the past twelve months stood at 33.30%.

Sectoral Price Movements in August

The İTO report highlighted significant variations among different groups:

• Food Products: +4.49%

• Minerals: +4.30%

• Chemicals: +3.64%

• Construction Materials: +1.43%

• Fuels and Energy: +0.83%

• Unprocessed Materials: -0.83%

• Textiles: no change recorded

These figures underline that food and raw materials remain the most volatile components, with food prices showing strong upward momentum.

Annual Averages Show Construction Leading Gains

When looking at the annual average changes by category, the following increases were recorded in August 2025:

• Construction Materials: +66.60%

• Textiles: +55.41%

• Food Products: +30.94%

• Unprocessed Materials: +29.70%

• Chemicals: +26.55%

• Fuels and Energy: +24.29%

• Minerals: +18.83%

The data reveal that construction materials and textiles are experiencing the most dramatic cost pressures, reflecting both supply chain challenges and strong demand in those sectors.

Implications for Inflation

The upward trend in wholesale prices is closely monitored as a leading indicator of consumer inflation. Rising input costs in food, construction, and energy are likely to exert pressure on retail prices in the months ahead.

Analysts warn that if wholesale prices continue to rise at this pace, inflationary pressures could intensify, complicating monetary policy efforts.