Turkey Inflation Rate 1965-2015 | Data | Chart | Calendar | Forecast

The inflation rate in Turkey was recorded at 8.09 percent in May of 2015. Inflation Rate in Turkey averaged 36.72 percent from 1965 until 2015, reaching an all time high of 138.71 percent in May of 1980 and a record low of -4.01 percent in June of 1968. Inflation Rate in Turkey is reported by the Turkish Statistical Institute.

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Turkey Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
8.09 7.91 138.71 -4.01 1965 - 2015 percent Monthly
2003=100
In Turkey, the most important categories in the consumer price index are food and non-alcoholic beverages (24.5 percent of total weight); housing, water, electricity, gas and other fuels (16.4 percent of total weight) and transportation (15.5 percent). Others include: furnishings, household equipment and routine maintenance (7.5 percent); clothing and footwear (7.2 percent); hotels, cafes and restaurants (6.6 percent); alcoholic beverages and tobacco (5.3 percent). The index also includes communication (4.7 percent); miscellaneous goods and services (4.3 percent); recreation and culture (3.4 percent); health (2.4 percent) and education (2.3 percent). Content for - Turkey Inflation Rate - was last refreshed on Thursday, July 2, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-04-03 08:00 AM Mar 7.61% 7.55% 7.01%
2015-05-04 08:00 AM Apr 7.91% 7.61% 7.92%
2015-06-03 08:00 AM May 8.09% 7.91% 8.04%
2015-07-03 08:00 AM Jun 8.09% 8.23%
2015-08-03 08:00 AM Jul 8.33%
2015-09-03 08:00 AM Aug 8.41%


Turkey Inflation Rate At 5-Month High


Consumer prices in Turkey increased 8.09 percent year-on-year in May of 2015, up from 7.91 percent in the previous month as cost of transportation and housing rose at a faster pace.

Transportation costs rose 1.75 percent compared with a decline of 0.52 percent through April. House prices gained 8.32 percent, compared with 8.21 percent through the previous month. Cost of food and non-alcoholic beverages rose 12.81 percent (14.4 percent in April), restaurants and hotels increased 13.44 percent and furnishing, household equipment and routine maintenance grew 7.83 percent.

On a monthly basis, consumer prices rose 0.56 percent, slowing from a 1.63 percent increase in April, the lowest level this year. Cost of food and non-alcoholic beverages fell 2.68 percent and communication decreased 0.16 percent. In contrast, transport prices went up 1.76 percent while clothing and footwear surged 10.06 percent. 

Turkstat | Joana Taborda | joana.taborda@tradingeconomics.com
6/3/2015 10:20:01 AM


Recent Releases

Turkey Inflation Rate Rises in April
Turkish consumer prices increased 7.91 percent year-on-year in April of 2015, following a 7.61 percent rise in the previous month. It is the highest inflation rate in four months due to rising food prices.
Published on 2015-05-04

Turkey Inflation Rate at 3-Month High
Turkish consumer prices rose 7.61 percent year-on-year in March of 2015, up from 7.55 percent in February as food prices rose at its fastest pace in four months.
Published on 2015-04-03

Turkey Inflation Edges Up in February
Turkey annual inflation accelerated to 7.55 percent in February of 2015 from a 7.24 percent increase in the previous month due to higher food prices. In February of last year, inflation was 7.4 percent.
Published on 2015-03-03

Turkish Inflation Eases to 14-Month Low in January
Turkish annual inflation rate eased to 7.24 percent in January of 2015 from 8.17 percent in the previous month. It is the lowest figure since November 2013, as prices of services, food and clothing and footwear slowed while cost of transportation fell.
Published on 2015-02-03


Turkey Prices Last Previous Highest Lowest Unit
Inflation Rate 8.09 7.91 138.71 -4.01 percent [+]
Inflation Rate Mom 0.56 1.63 3.27 -1.43 percent [+]
Consumer Price Index CPI 260.85 259.39 260.85 94.77 Index Points [+]
GDP Deflator 1472.91 1390.37 1472.91 86.57 Index Points [+]
Producer Prices 248.15 245.42 248.15 0.01 Index Points [+]
Producer Prices Change 6.52 4.80 139.90 -3.75 percent [+]
Export Prices 97.64 97.90 128.12 58.61 Index Points [+]
Import Prices 92.57 93.93 127.41 45.77 Index Points [+]
Food Inflation 12.81 14.36 17.08 1.76 percent [+]
Core Consumer Prices 195.54 192.09 195.54 2.62 Index Points [+]
Core Inflation Rate 7.90 7.50 93.70 3.00 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.30 Mar/15 1.70 23.90 -1.30 percent [+]
Brazil 8.47 May/15 8.17 6821.31 1.65 percent [+]
Canada 0.90 May/15 0.80 21.60 -17.80 percent [+]
China 1.20 May/15 1.50 28.40 -2.20 percent [+]
Euro Area 0.20 Jun/15 0.30 5.00 -0.70 percent [+]
France 0.30 May/15 0.10 18.80 -0.70 percent [+]
Germany 0.30 Jun/15 0.70 11.54 -7.62 percent [+]
India 5.01 May/15 4.87 11.16 4.38 percent [+]
Indonesia 7.26 Jun/15 7.15 82.40 -1.17 percent [+]
Italy 0.10 Jun/15 0.10 25.64 -0.60 percent [+]
Japan 0.50 May/15 0.60 25.00 -2.52 percent [+]
Mexico 2.88 May/15 3.06 179.73 2.88 percent [+]
Netherlands 1.10 May/15 0.60 11.19 -1.30 percent [+]
Russia 15.80 May/15 16.40 2333.30 3.60 percent [+]
South Korea 0.70 Jun/15 0.50 32.50 0.20 percent [+]
Spain 0.10 Jun/15 -0.20 28.43 -1.37 percent [+]
Switzerland -1.20 May/15 -1.10 11.92 -1.37 percent [+]
Turkey 8.09 May/15 7.91 138.71 -4.01 percent [+]
United Kingdom 0.10 May/15 -0.10 8.50 -0.10 percent [+]
United States 0.00 May/15 -0.20 23.70 -15.80 percent [+]