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

The inflation rate in Turkey was recorded at 7.91 percent in April of 2015. Inflation Rate in Turkey averaged 36.77 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
7.91 7.61 138.71 -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). This page provides - Turkey Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Turkey Inflation Rate - was last refreshed on Thursday, May 28, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-03-03 08:00 AM Feb 7.55% 7.24% 7.03%
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 7.91% 7.07%
2015-07-03 08:00 AM Jun 7.1%
2015-08-03 08:00 AM Jul 7.12%


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.

Year-on-year, prices of food and non-alcoholic beverages recorded the highest increase (14.36 percent), followed by hotels, cafes and restaurants (13.34 percent), miscellaneous goods and services (9.9 percent), housing and utilities (8.21 percent) and education (7.88 percent). In contrast, transport prices fell 0.52 percent. 

On a monthly basis, consumer prices increased 1.63 percent, the fastest pace in six months and more than market forecasts. The highest monthly increase was 12.30 percent for clothing and footwear. Prices also rose for food and non-alcoholic beverages (1.63 percent), furnishings and household equipment (1.35 percent), hotels, cafes and restaurants (1.27 percent) and miscellaneous goods and services (1.24 percent).

Later in April, the central bank increased its inflation forecasts to 6.8 percent by the end of 2015 from 5.5 percent, citing a weakening lira and higher oil prices.

Turkstat | Joana Taborda | joana.taborda@tradingeconomics.com
5/4/2015 8:40:53 AM


Recent Releases

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


Turkey Prices Last Previous Highest Lowest Unit
Inflation Rate 7.91 7.61 138.71 -4.01 percent [+]
Inflation Rate Mom 1.63 1.19 3.27 -1.43 percent [+]
Consumer Price Index CPI 259.39 255.23 259.39 94.77 Index Points [+]
GDP Deflator 1390.37 1378.80 1392.42 86.57 Index Points [+]
Producer Prices 245.42 241.97 245.42 0.01 Index Points [+]
Producer Prices Change 4.80 3.41 139.90 -3.75 percent [+]
Export Prices 97.90 100.15 128.12 58.61 Index Points [+]
Import Prices 93.93 95.16 127.41 45.77 Index Points [+]
Food Inflation 14.36 14.12 17.08 1.76 percent [+]
Core Consumer Prices 192.09 188.64 192.09 2.62 Index Points [+]
Core Inflation Rate 7.50 7.50 93.70 3.00 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.30 Feb/15 1.70 23.90 -1.30 percent [+]
Brazil 8.17 Apr/15 8.13 6821.31 1.65 percent [+]
Canada 0.80 Apr/15 1.20 21.60 -17.80 percent [+]
China 1.50 Apr/15 1.40 28.40 -2.20 percent [+]
Euro Area 0.00 Apr/15 -0.10 5.00 -0.70 percent [+]
France 0.10 Apr/15 -0.10 18.80 -0.70 percent [+]
Germany 0.50 Apr/15 0.30 11.54 -7.62 percent [+]
India 4.87 Apr/15 5.25 11.16 4.38 percent [+]
Indonesia 6.79 Apr/15 6.38 82.40 -1.17 percent [+]
Italy -0.10 Apr/15 -0.09 25.64 -0.60 percent [+]
Japan 2.30 Mar/15 2.20 25.00 -2.52 percent [+]
Mexico 3.06 Apr/15 3.14 179.73 2.91 percent [+]
Netherlands 0.60 Apr/15 0.38 11.19 -1.30 percent [+]
Russia 16.40 Apr/15 16.90 2333.30 3.60 percent [+]
South Korea 0.40 Apr/15 0.40 32.50 0.20 percent [+]
Spain -0.60 Apr/15 -0.70 28.43 -1.37 percent [+]
Switzerland -1.10 Apr/15 -0.90 11.92 -1.37 percent [+]
Turkey 7.91 Apr/15 7.61 138.71 -4.01 percent [+]
United Kingdom -0.10 Apr/15 0.00 8.50 -0.10 percent [+]
United States -0.20 Apr/15 -0.10 23.70 -15.80 percent [+]