Turkey Inflation Rate  1965-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Turkey increased by 10.13 percent year-on-year in February of 2017, following a 9.22 percent rise in the previous month and beating market expectations of a 9.6 percent gain. It was the highest inflation since April 2012, as cost of food, transport and housing went up at a faster pace. Inflation Rate in Turkey averaged 35.76 percent from 1965 until 2017, 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.

Turkey Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-03 07:00 AM DEC 8.53% 7% 7.6% 7.02%
2017-02-03 07:00 AM Jan 9.22% 8.53% 8.9% 8.69%
2017-03-03 07:00 AM Feb 10.13% 9.22% 9.6% 9.8%
2017-04-03 07:00 AM Mar 10.13% 10.34%
2017-05-03 07:00 AM Apr 10.39%
2017-06-05 07:00 AM May 10.40%




Turkish Consumer Prices Rise The Most In Nearly 5 Years


Consumer prices in Turkey increased by 10.13 percent year-on-year in February of 2017, following a 9.22 percent rise in the previous month and beating market expectations of a 9.6 percent gain. It was the highest inflation since April 2012, as cost of food, transport and housing went up at a faster pace.

Year-on-year, prices rose at a faster pace for: Food and non-alcoholic beverages (8.72 percent from 7.77 percent in January); Transportation (17.96 percent from 15.61 percent); Housing and utilities (7.42 percent from 6.54 percent).

Additional upward pressure came from: hotels, cafes and restaurants (8.66 percent from 8.58 percent); furnishing, household equipment, routine maintenance of the house (4.93 percent from 6.16 percent); and clothing and footwear (6.77 percent from 3.66 percent). 
 
On a monthly basis, consumer prices went up 0.81 percent, compared to a 2.46 percent rise a month earlier and above market expectations of a 0.47 percent rise.


Statistics of Turkey l Chusnul Ch Manan | chusnul@tradingeconomics.com
3/3/2017 11:47:44 AM



Turkey Prices Last Previous Highest Lowest Unit
Inflation Rate 10.13 9.22 138.71 -4.01 percent [+]
Inflation Rate Mom 0.81 2.46 3.27 -1.43 percent [+]
Consumer Price Index CPI 302.17 299.74 302.17 94.77 Index Points [+]
Core Consumer Prices 113.41 112.38 113.41 1.34 Index Points [+]
Core Inflation Rate 8.90 8.20 93.70 3.00 percent [+]
GDP Deflator 1590.79 1573.03 1590.79 86.57 Index Points [+]
Producer Prices 288.59 284.99 288.59 0.01 Index Points [+]
Producer Prices Change 15.36 13.69 139.90 -3.75 percent [+]
Export Prices 91.44 91.43 128.12 58.61 Index Points [+]
Import Prices 84.85 82.99 127.41 45.77 Index Points [+]
Food Inflation 8.72 7.77 17.08 1.38 percent [+]
Harmonised Consumer Prices 110.28 109.94 110.28 1.20 Index Points [+]
Cpi Transportation 293.26 285.22 293.26 94.61 Index Points [+]



Turkey Inflation Rate Notes

In Turkey, the most important categories in the consumer price index are food and non-alcoholic beverages (23.7 percent of total weight); housing, water, electricity, gas and other fuels (15.9 percent of total weight) and transportation (14.3 percent). Others include: furnishings, household equipment and routine maintenance (8 percent); hotels, cafes and restaurants (7.5 percent); clothing and footwear (7.4 percent); alcoholic beverages and tobacco (5 percent). The index also includes miscellaneous goods and services (4.7 percent); communication (4.4 percent); recreation and culture (3.8 percent); health (2.7 percent) and education (2.6 percent). This page provides the latest reported value for - Turkey Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Inflation Rate - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
10.13 9.22 138.71 -4.01 1965 - 2017 percent Monthly
2003=100



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