Turkey Inflation Rate

The inflation rate in Turkey was recorded at 9.16 percent in June of 2014. Inflation Rate in Turkey averaged 37.25 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
9.16 9.66 138.71 -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.


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.

Year-on-year, prices of food and non-alcoholic beverages recorded the highest increase (12.47 percent compared with 14.11 percent in the previous month), followed by transportation (12.01 percent), health (9.48 percent) and education (9.28 percent).

On a monthly basis, consumer prices rose 0.31 percent in June after rising 0.4 percent in the previous month. The highest monthly increase was recorded for education (1.72 percent). Additional upward pressures came from health cost (0.98 percent), hotels, cafes and restaurants (0.92 percent), miscellaneous goods and services (0.70 percent) and transportation (0.50 percent). In contrast, the highest monthly decrease was observed for clothing and footwear (-1.25 percent). 

Turkstat | Joana Taborda | joana.taborda@tradingeconomics.com
7/3/2014 10:42:31 AM


Recent Releases

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

Turkey Inflation Rate At 2-Year High in April
Turkish annual inflation rate quickened to 9.38 percent in April of 2014, up from 8.39 percent in the previous month, driven by higher food and transport cost. Published on 2014-05-05


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-04-03 08:00 AM Turkey
Inflation Rate YoY
Mar 2014 8.39% 7.89% 8.14% 7.61%
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 9.16% 2.16%


Prices Last Previous Highest Lowest Unit
Inflation Rate 9.16 9.66 138.71 -4.01 Percent [+]
Inflation Rate Mom 0.31 0.40 3.27 -1.43 Percent [+]
Consumer Price Index (CPI) 242.07 241.32 242.07 94.77 Index Points [+]
GDP Deflator 1394.44 1297.44 1394.44 86.57 Index Points [+]
Producer Prices 233.09 232.96 234.18 0.01 Index Points [+]
Producer Prices Change 9.75 11.28 139.90 -3.75 Percent [+]
Export Prices 108.10 107.97 128.12 58.61 Index Points [+]
Import Prices 108.16 109.50 127.41 45.77 Index Points [+]
Food Inflation 12.47 14.11 17.08 1.76 Percent [+]





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