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

The inflation rate in Turkey was recorded at 8.86 percent in September 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.

   
 
 

Turkey Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
8.86 9.54 138.71 -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 Thursday, October 23, 2014.


Turkey Inflation Rate Eases in September


Turkish annual inflation rate eased to 8.86 percent in September of 2014 from 9.54 percent in August, as food prices slowed, and below market forecasts.

Year-on-year, the highest annual increase was recorded for prices of hotels, cafes and restaurants (14.43 percent from 14.73 percent a month ago), followed by food and non-alcoholic beverages (13.95 percent from 14.44 percent), furnishing, household equipment and routine maintenance (9.25 percent from 9.64 percent) and recreation and culture (8.64 percent from 8.95 percent).

On a month-over-month basis, the CPI accelerated to 0.14 percent, compared to a 0.09 percent rise in the previous month. The highest monthly increase was reported for prices of education (1.78 percent), followed by hotels, cafes and restaurant (1.21 percent), miscellaneous goods and services (0.72 percent), housing (0.49 percent) and health (0.42 percent). In contrast, the highest monthly decrease was 2.44 percent in clothing and footwear.

Turkstat l Rida l rida@tradingeconomics.com
10/3/2014 8:34:33 AM


Recent Releases

Turkish Inflation Rate Continues to Rise in August
Turkish annual inflation rate accelerated to 9.54 percent in August of 2014 from 9.32 percent in July as food prices continued to increase. Published on 2014-09-03

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. Published on 2014-08-04


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
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 9.54% 9.32% 9.4% 9.4%
2014-10-03 08:00 AM Turkey
Inflation Rate YoY
Sep 2014 8.86% 9.54% 9.59%
2014-11-03 08:00 AM Turkey
Inflation Rate YoY
Oct 2014 8.86% 7.5%


Turkey Prices Last Previous Highest Lowest Unit
Inflation Rate 8.86 9.54 138.71 -4.01 Percent [+]
Inflation Rate Mom 0.14 0.09 3.27 -1.43 Percent [+]
Consumer Price Index CPI 243.74 243.40 243.74 94.77 Index Points [+]
GDP Deflator 1376.22 1392.42 1392.42 86.57 Index Points [+]
Producer Prices 237.79 235.78 237.79 0.01 Index Points [+]
Producer Prices Change 9.84 9.88 139.90 -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 13.95 14.44 17.08 1.76 Percent [+]
Core Consumer Prices 182.98 182.44 182.98 2.62 Index Points [+]
Core Inflation Rate 9.10 9.70 93.70 3.00 Percent [+]