ÜFE

Üretici Fiyat Endeksi (ÜFE) is the Turkish Producer Price Index, a statistical measure of price changes for goods and services at the production stage in Turkey. It tracks changes in the selling prices received by domestic producers for their output, before the impact of distribution margins and indirect taxes. The ÜFE covers domestically produced goods and some services across various sectors, including mining, manufacturing, agriculture, and utilities, and is designed to reflect price movements at the factory gate.

The index is compiled and published monthly by Türkiye İstatistik Kurumu (TurkStat). Data are collected from producers and cover a basket of representative products and services; the index is published with overall figures and with sub-indices by industry and commodity groups. The base year is periodically updated to maintain comparability over time.

Used as an indicator of inflationary pressure and cost development in the production side of the economy, ÜFE is often considered a leading indicator for consumer price changes, as higher producer costs can feed into consumer prices with a lag. It is utilized by policymakers, researchers, and businesses for economic analysis, wage-setting, and contract indexing.

In Turkey, ÜFE is one of the key price statistics alongside the consumer price index (CPI) and other measures of inflation. It provides insight into price dynamics at the point of production and helps assess the strength and pass-through of price movements in the economy.