Turkey Inflation Rate  1965-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Turkey increased by 7.46 percent year-on-year in March of 2016, easing from an 8.78 percent growth in the previous month. It is the lowest figure since August 2015, due to slower rise in cost of food, housing, utilities and transport. Inflation Rate in Turkey averaged 36.25 percent from 1965 until 2016, 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.

Turkey Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
7.46 8.78 138.71 -4.01 1965 - 2016 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 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-03 08:00 AM Jan 9.58% 8.81% 9.5% 9.3%
2016-03-03 08:00 AM Feb 8.78% 9.58% 9.35% 9.2%
2016-04-04 07:00 AM Mar 7.46% 8.78% 9.5%
2016-05-03 07:00 AM Apr 7.46% 8.1%
2016-06-03 07:00 AM May 9.36%
2016-07-04 07:00 AM Jun 9.28%

Turkish Inflation Rate at 7-Month Low


Consumer prices in Turkey increased by 7.46 percent year-on-year in March of 2016, easing from an 8.78 percent growth in the previous month. It is the lowest figure since August 2015, due to slower rise in cost of food, housing, utilities and transport.


Year-on-year, cost of food and non-alcoholic beverages rose at a slower 4.58 percent (8.83 percent in January); housing, water, electricity, gas and other fuels increased 6.63 percent (7.22 percent in January); transportation went up 6.19 percent (6.32 percent in January). Prices also rose for furnishings, household equipment, routine maintenance of the house (+11.09 percent in January); hotels, cafes and restaurants (+12.26 percent in January); clothing and footwear (+9.03 percent in January); alcoholic beverages and tobacco (+12.79 percent in January) and miscellaneous goods and services (+12.39 percent in January).

Month-on-month, consumer prices edged down by 0.04 percent compared to a 0.02 percent fall in February, due to lower prices of food and non-alcoholic beverages (-1.53 percent), communications (-0.1 percent) and recreation and culture (-0.28 percent), whereas prices of housing and utilities went up by 0.16 percent and cost of transportation rose 0.79 percent.

Turkstat | Mojdeh Kazemi | mojdeh@tradingeconomics.com
4/4/2016 9:36:08 AM

Turkey Prices Last Previous Highest Lowest Unit
Inflation Rate 7.46 8.78 138.71 -4.01 percent [+]
Inflation Rate Mom -0.04 -0.02 3.27 -1.43 percent [+]
Consumer Price Index CPI 274.27 274.38 274.44 94.77 Index Points [+]
Core Consumer Prices 104.85 104.35 104.85 1.34 Index Points [+]
Core Inflation Rate 9.50 9.70 93.70 3.00 percent [+]
GDP Deflator 1487.87 1484.64 1503.17 86.57 Index Points [+]
Producer Prices 251.17 250.16 254.25 0.01 Index Points [+]
Producer Prices Change 3.80 4.47 139.90 -3.75 percent [+]
Export Prices 91.60 90.94 128.12 58.61 Index Points [+]
Import Prices 79.82 79.78 127.41 45.77 Index Points [+]
Food Inflation 4.58 8.83 17.08 1.76 percent [+]
Harmonised Consumer Prices 233.25 233.33 233.33 2.65 percent [+]
Cpi Transportation 250.57 248.61 250.57 94.61 Index Points [+]




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Cameroon 1.47 Dec/15
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Czech Republic 0.30 Mar/16
Denmark 0.00 Mar/16
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Egypt 9.00 Mar/16
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Eritrea 11.40 Dec/14
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European Union 0.00 Mar/16
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Georgia 4.10 Mar/16
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Guinea 7.70 Mar/16
Guinea Bissau 3.10 Feb/16
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Hong Kong 3.00 Mar/16
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Iraq 1.50 Feb/16
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Italy -0.40 Apr/16
Ivory Coast 0.90 Mar/16
Jamaica 3.00 Mar/16
Japan -0.10 Mar/16
Jordan -1.67 Mar/16
Kazakhstan 15.70 Mar/16
Kenya 5.27 Apr/16
Kosovo 0.10 Mar/16
Kuwait 3.10 Mar/16
Kyrgyzstan 0.50 Mar/16
Laos 1.13 Mar/16
Latvia -0.60 Mar/16
Lebanon -3.57 Mar/16
Lesotho 6.60 Feb/16
Liberia 8.00 Dec/15
Libya 10.10 Nov/15
Liechtenstein -0.90 Mar/16
Lithuania 1.20 Mar/16
Luxembourg 0.05 Mar/16
Macau 3.31 Mar/16
Macedonia -0.40 Mar/16
Madagascar 7.20 Feb/16
Malawi 22.10 Mar/16
Malaysia 2.60 Mar/16
Maldives 1.30 Feb/16
Mali -1.50 Feb/16
Malta 1.00 Mar/16
Mauritania -0.40 Mar/16
Mauritius 0.90 Mar/16
Mexico 2.60 Mar/16
Moldova 9.40 Mar/16
Mongolia 1.70 Mar/16
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Mozambique 13.61 Mar/16
Myanmar 15.19 Sep/15
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New Zealand 0.40 Mar/16
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Nigeria 12.80 Mar/16
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Norway 3.30 Mar/16
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Palestine 0.32 Mar/16
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Paraguay 4.70 Mar/16
Peru 4.30 Mar/16
Philippines 1.10 Mar/16
Poland -1.10 Apr/16
Portugal 0.40 Mar/16
Puerto Rico 0.50 Feb/16
Qatar 3.30 Mar/16
Republic of the Congo 3.70 Apr/15
Romania -3.00 Mar/16
Russia 7.30 Mar/16
Rwanda 5.80 Mar/16
Sao Tome and Principe 4.30 Feb/16
Saudi Arabia 4.30 Mar/16
Senegal 1.30 Mar/16
Serbia 0.60 Mar/16
Seychelles -3.20 Mar/16
Sierra Leone 8.85 Dec/15
Singapore -1.00 Mar/16
Slovakia -0.50 Mar/16
Slovenia -0.60 Apr/16
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South Africa 6.30 Mar/16
South Korea 1.00 Mar/16
South Sudan 245.20 Mar/16
Spain -1.10 Apr/16
Sri Lanka 3.10 Apr/16
Sudan 12.94 Feb/16
Suriname 31.88 Feb/16
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Sweden 0.80 Mar/16
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Syria 43.02 Oct/15
Taiwan 2.00 Mar/16
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Tanzania 5.40 Mar/16
Thailand -0.46 Mar/16
Togo 1.10 Mar/16
Trinidad and Tobago 3.40 Feb/16
Tunisia 3.30 Mar/16
Turkey 7.46 Mar/16
Turkmenistan 7.00 Dec/15
Uganda 5.10 Apr/16
Ukraine 20.90 Mar/16
United Arab Emirates 1.43 Mar/16
United Kingdom 0.50 Mar/16
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Uruguay 10.60 Mar/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
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Zambia 21.80 Apr/16
Zimbabwe -2.31 Mar/16