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

The inflation rate in Turkey was recorded at 8.96 percent in October 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.

   
  Forecast  

Turkey Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
8.96 8.86 138.71 -4.01 1965 - 2014 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 - Turkey Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Turkey Inflation Rate - was last refreshed on Wednesday, November 26, 2014.


Turkish Inflation Rate Rises in October


Turkish annual inflation rate accelerated to 8.96 percent in October of 2014 from 8.86 percent in September, as prices of food and cost of hotel, cafes and restaurants continued to rise. 

Year-on-year, the highest annual increase was recorded for prices of hotels, cafes and restaurants (+14.34 percent), followed by food and non-alcoholic beverages (+12.56 percent), health (+9.91 percent), miscellaneous goods and services (+9.14 percent) and clothing and footwear (+8.83 percent).

On a month-over-month basis, the CPI increased sharply to 1.90 percent, the highest since January of 2014, following a 0.14 percent rise in the previous month. The highest monthly increase was reported for prices of clothing and footwear (+9.95 percent); housing (+2.94 percent); food and non-alcoholic beverages (+2.65 percent); hotel, cafes and restaurants (+0.86 percent) and miscellaneous goods and services (+0.74 percent). 

Turkstat l Rida l rida@tradingeconomics.com
11/3/2014 10:18:29 AM


Recent Releases

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. Published on 2014-10-03

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-09-03 08:00 AM
Inflation Rate YoY  Aug 2014
9.54% 9.32% 9.4% 9.4%
2014-10-03 08:00 AM
Inflation Rate YoY  Sep 2014
8.86% 9.54% 9.59%
2014-11-03 08:00 AM
Inflation Rate YoY  Oct 2014
8.96% 8.86% 8.7% 8.64%
2014-12-03 08:00 AM
Inflation Rate YoY  Nov 2014
8.96% 8.73%


Turkey Prices Last Previous Highest Lowest Unit
Inflation Rate 8.96 8.86 138.71 -4.01 percent [+]
Inflation Rate Mom 1.90 0.14 3.27 -1.43 percent [+]
Consumer Price Index CPI 248.37 243.74 248.37 94.77 Index Points [+]
GDP Deflator 1376.22 1392.42 1392.42 86.57 Index Points [+]
Producer Prices 239.97 237.79 239.97 0.01 Index Points [+]
Producer Prices Change 10.10 9.84 139.90 -3.75 percent [+]
Export Prices 105.54 107.33 128.12 58.61 Index Points [+]
Import Prices 105.70 107.44 127.41 45.77 Index Points [+]
Food Inflation 12.56 13.95 17.08 1.76 percent [+]
Core Consumer Prices 185.96 182.98 185.96 2.62 Index Points [+]
Core Inflation Rate 9.10 9.10 93.70 3.00 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 2.30 Aug/14 3.00 23.90 -1.30 percent [+]
Brazil 6.59 Oct/14 6.75 6821.31 1.65 percent [+]
Canada 2.40 Oct/14 2.00 21.60 -17.80 percent [+]
China 1.60 Oct/14 1.60 28.40 -2.20 percent [+]
Euro Area 0.40 Oct/14 0.30 5.00 -0.70 percent [+]
France 0.50 Oct/14 0.30 18.80 -0.70 percent [+]
Germany 0.80 Oct/14 0.80 11.54 -7.62 percent [+]
India 5.52 Oct/14 6.46 11.16 5.52 percent [+]
Indonesia 4.83 Oct/14 4.53 82.40 -1.17 percent [+]
Italy 0.10 Oct/14 -0.20 25.64 -2.44 percent [+]
Japan 3.20 Sep/14 3.30 25.00 -2.52 percent [+]
Mexico 4.30 Oct/14 4.22 179.73 2.91 percent [+]
Netherlands 1.10 Oct/14 0.90 11.19 -1.30 percent [+]
Russia 8.30 Oct/14 8.00 2333.30 3.60 percent [+]
South Korea 1.20 Oct/14 1.10 32.50 0.20 percent [+]
Spain -0.10 Oct/14 -0.20 28.43 -1.37 percent [+]
Switzerland 0.00 Oct/14 -0.10 11.92 -1.37 percent [+]
Turkey 8.96 Oct/14 8.86 138.71 -4.01 percent [+]
United Kingdom 1.30 Oct/14 1.20 8.50 0.50 percent [+]
United States 1.70 Oct/14 1.70 23.70 -15.80 percent [+]