Turkey Inflation Rate 1965-2015 | Data | Chart | Calendar | Forecast

The inflation rate in Turkey was recorded at 6.81 percent in July of 2015. Inflation Rate in Turkey averaged 36.63 percent from 1965 until 2015, 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
6.81 7.20 138.71 -4.01 1965 - 2015 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. Content for - Turkey Inflation Rate - was last refreshed on Tuesday, August 4, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-03 08:00 AM May 8.09% 7.91% 8.04%
2015-07-03 08:00 AM Jun 7.2% 8.09% 8.23%
2015-08-03 08:00 AM Jul 6.81% 7.2% 7.5%
2015-09-03 08:00 AM Aug 6.81% 6.71%
2015-10-05 08:00 AM Sep 6.33%
2015-11-03 08:00 AM Oct 6.70%


Turkey Inflation Rate At 31-Month Low in July


Consumer prices in Turkey increased 6.81 percent year-on-year in July of 2015, down from 7.20 percent in the previous month, as cost of food, housing and transportation rose at a slower pace. It was the lowest figure since January of 2013.

Year-on-year, cost of food and non-alcoholic beverages increased by 9.25 percent, following a 9.28 percent growth in June; housing and utilities prices went up 8.15 percent, compared to a 8.39 growth in the previous month; and transportation cost rose 0.92 percent, compared to a 1.23 percent growth in the previous month. Additional upward pressure came from: Hotels, cafes and restaurants (+13.80 percent); miscellaneous goods and services (+9.31 percent); furnishings and household equipment (+8.69 percent); recreation and culture (+7.72 percent); health (+6.49 percent); and education (+6.15 percent).

On a monthly basis, consumer prices increased 0.09 percent, following a 0.51 percent decline in June. Higher prices of furnishings and household equipment (+1.60 percent); hotels, cafes and restaurants (+1.21 percent); and alcoholic beverages and tobacco (+1.16 percent) led the growth. In contrast, clothing and footwear prices declined the most by 4.97 percent.

Turkstat | joana.ferreira@tradingeconomics.com
8/3/2015 8:37:38 AM


Recent Releases

Turkey Inflation Rate Slows in June
Consumer prices in Turkey increased 7.2 percent year-on-year in June of 2015, down from a 5-month high 8.09 percent in the previous month, as cost of food and transportation rose at a slower pace.
Published on 2015-07-03

Turkey Inflation Rate At 5-Month High
Consumer prices in Turkey increased 8.09 percent year-on-year in May of 2015, up from 7.91 percent in the previous month as cost of transportation and housing rose at a faster pace.
Published on 2015-06-03

Turkey Inflation Rate Rises in April
Turkish consumer prices increased 7.91 percent year-on-year in April of 2015, following a 7.61 percent rise in the previous month. It is the highest inflation rate in four months due to rising food prices.
Published on 2015-05-04

Turkey Inflation Rate at 3-Month High
Turkish consumer prices rose 7.61 percent year-on-year in March of 2015, up from 7.55 percent in February as food prices rose at its fastest pace in four months.
Published on 2015-04-03


Turkey Prices Last Previous Highest Lowest Unit
Inflation Rate 6.81 7.20 138.71 -4.01 percent [+]
Inflation Rate Mom 0.09 -0.51 3.27 -1.43 percent [+]
Consumer Price Index CPI 259.74 259.51 260.85 94.77 Index Points [+]
GDP Deflator 1472.91 1390.37 1472.91 86.57 Index Points [+]
Producer Prices 247.99 248.78 248.78 0.01 Index Points [+]
Producer Prices Change 5.62 6.73 139.90 -3.75 percent [+]
Export Prices 98.84 97.64 128.12 58.61 Index Points [+]
Import Prices 92.74 92.57 127.41 45.77 Index Points [+]
Food Inflation 9.25 9.28 17.08 1.76 percent [+]
Core Consumer Prices 196.20 195.54 196.20 2.62 Index Points [+]
Core Inflation Rate 7.90 7.90 93.70 3.00 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.50 Jun/15 1.30 23.90 -1.30 percent [+]
Brazil 8.89 Jun/15 8.47 6821.31 1.65 percent [+]
Canada 1.00 Jun/15 0.90 21.60 -17.80 percent [+]
China 1.40 Jun/15 1.20 28.40 -2.20 percent [+]
Euro Area 0.20 Jul/15 0.20 5.00 -0.70 percent [+]
France 0.30 Jun/15 0.30 18.80 -0.70 percent [+]
Germany 0.20 Jul/15 0.30 11.54 -7.62 percent [+]
India 5.40 Jun/15 5.01 11.16 4.38 percent [+]
Indonesia 7.26 Jul/15 7.26 82.40 -1.17 percent [+]
Italy 0.20 Jul/15 0.20 25.64 -0.60 percent [+]
Japan 0.40 Jun/15 0.50 25.00 -2.52 percent [+]
Mexico 2.87 Jun/15 2.88 179.73 2.87 percent [+]
Netherlands 1.00 Jun/15 1.10 11.19 -1.30 percent [+]
Russia 15.30 Jun/15 15.80 2333.30 3.60 percent [+]
South Korea 0.70 Jul/15 0.70 32.50 0.20 percent [+]
Spain 0.00 Jul/15 0.10 28.43 -1.37 percent [+]
Switzerland -1.00 Jun/15 -1.20 11.92 -1.37 percent [+]
Turkey 6.81 Jul/15 7.20 138.71 -4.01 percent [+]
United Kingdom 0.00 Jun/15 0.10 8.50 -0.10 percent [+]
United States 0.10 Jun/15 0.00 23.70 -15.80 percent [+]