Turkey Inflation Rate 1965-2014 | Data | Chart | Calendar | Forecast

The inflation rate in Turkey was recorded at 9.32 percent in July of 2014. Inflation Rate in Turkey averaged 37.20 Percent from 1965 until 2014, 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


Actual Previous Highest Lowest Dates Unit Frequency
9.32 9.16 138.71 -4.01 1965 - 2014 Percent Monthly
2003=100
In Turkey, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. 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 Friday, August 22, 2014.


Turkish Inflation Rate Rises in July


Turkey’s annual inflation rate accelerated to 9.32 percent in July, from 9.16 percent recorded in June as prices of food continued to rise.

The highest annual increase was recorded for prices of hotels, cafes and restaurants (13.74 percent), followed by food and non-alcoholic beverages (12.56 percent), transportation (10.29 percent), clothing and footwear (10.11 percent) and health (9.32 percent).

The core inflation increased to 9.75 percent, hovering around a 7-year high of 9.77 percent seen in May.

On a month-over-month basis, the CPI increased by 0.45 percent, compared to a 0.31 percent rise in the previous month and the same month last year. The highest monthly increase was reported for recreation and culture (2.97 percent), followed by  alcoholic beverages and tobacco (1.99 percent), communications (1.90 percent), hotels, cafes and restaurants (1.05 percent), and transportation (0.71 percent). In contrast, the only monthly decrease was 3.28 percent in clothing and footwear.


Turkstat | Isabel Felino | isabel.felino@tradingeconomics.com
8/4/2014 11:03:38 AM


Recent Releases

Turkey Inflation Slows in June
Turkish annual inflation rate decelerated for the first time in seven months to 9.16 percent in June of 2014 from 9.66 percent in the previous month as food prices slowed. Published on 2014-07-03

Turkey Inflation Rate Rises Further To 2-Year High
Turkish annual consumer inflation accelerated further to 9.66 percent in May of 2014 from 9.38 percent in the previous month, driven by higher food prices. Published on 2014-06-03


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-05-05 08:00 AM Turkey
Inflation Rate YoY
Apr 2014 9.38% 8.39% 8.93% 8.56%
2014-06-03 08:00 AM Turkey
Inflation Rate YoY
May 2014 9.66% 9.38% 10.05% 9.51%
2014-07-03 08:00 AM Turkey
Inflation Rate YoY
Jun 2014 9.16% 9.66% 8.80% 9%
2014-08-04 08:00 AM Turkey
Inflation Rate YoY
Jul 2014 9.32% 9.16% 9%
2014-09-03 08:00 AM Turkey
Inflation Rate YoY
Aug 2014 9.32% 8.5%


Prices Last Previous Highest Lowest Unit
Inflation Rate 9.32 9.16 138.71 -4.01 Percent [+]
Inflation Rate Mom 0.45 0.31 3.27 -1.43 Percent [+]
Consumer Price Index (CPI) 243.17 242.07 243.17 94.77 Index Points [+]
GDP Deflator 1394.44 1297.44 1394.44 86.57 Index Points [+]
Producer Prices 234.79 233.09 234.79 0.01 Index Points [+]
Producer Prices Change 9.46 9.75 139.90 -3.75 Percent [+]
Export Prices 108.72 108.10 128.12 58.61 Index Points [+]
Import Prices 108.47 108.16 127.41 45.77 Index Points [+]
Food Inflation 12.47 14.11 17.08 1.76 Percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 3.00 Jun/14 2.90 23.90 -1.30 Percent [+]
Brazil 6.50 Jul/14 6.52 6821.31 1.65 Percent [+]
Canada 2.10 Jul/14 2.40 21.60 -17.80 Percent [+]
China 2.30 Jul/14 2.30 28.40 -2.20 Percent [+]
Euro Area 0.40 Jul/14 0.50 5.00 -0.70 Percent [+]
France 0.50 Jul/14 0.50 18.80 -0.70 Percent [+]
Germany 0.85 Jul/14 1.04 11.54 -7.62 Percent [+]
India 7.96 Jul/14 7.31 11.16 7.31 Percent [+]
Indonesia 4.53 Jul/14 6.70 82.40 -1.17 Percent [+]
Italy 0.09 Jul/14 0.28 25.64 -2.44 Percent [+]
Japan 3.60 Jun/14 3.70 25.00 -2.52 Percent [+]
Mexico 4.07 Jul/14 3.75 179.73 2.91 Percent [+]
Netherlands 0.89 Jul/14 0.93 11.19 -1.30 Percent [+]
Russia 7.50 Jul/14 7.80 2333.30 3.60 Percent [+]
South Korea 1.60 Jul/14 1.70 32.50 0.20 Percent [+]
Spain -0.34 Jul/14 0.09 28.43 -1.37 Percent [+]
Switzerland 0.00 Jul/14 0.00 11.92 -1.37 Percent [+]
Turkey 9.32 Jul/14 9.16 138.71 -4.01 Percent [+]
United Kingdom 1.60 Jul/14 1.90 8.50 0.50 Percent [+]
United States 2.00 Jul/14 2.10 23.70 -15.80 Percent [+]





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