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

The inflation rate in Turkey was recorded at 9.15 percent in November 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
9.15 8.96 138.71 -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 Monday, December 22, 2014.


Turkish Inflation Rate Quickens in November


Turkish annual inflation rate accelerated to 9.15 percent in November of 2014 from 8.96 percent in the previous month, as prices of food; hotels, cafes and restaurants continued to increase.

Year-on-year, the highest annual increase was recorded for prices of food and non-alcoholic beverages (+14.37 percent), followed by hotels, cafes and restaurants (+14.32 percent), clothing and footwear (+9.71 percent), health (+9.33 percent) and miscellaneous goods and services (+8.82 percent).

On a month-over-month basis, the CPI decreased sharply to 0.18 percent, following a 1.9 percent rise in the previous month. The highest monthly decrease was reported for prices of transportation (-1.79 percent), recreation and culture (-1.32 percent), communications (-0.13 percent) and miscellaneous goods and services (-0.1 percent). In contrast, the prices increased of clothing and footwear (+4.11 percent) and household equipment (+0.86 percent).

Turkstat l Rida l rida@tradingeconomics.com
12/3/2014 9:09:52 AM


Recent Releases

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.  Published on 2014-11-03

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-10-03 08:00 AM
Inflation Rate YoY  Sep
8.86% 9.54% 9.59%
2014-11-03 08:00 AM
Inflation Rate YoY  Oct
8.96% 8.86% 8.7% 8.64%
2014-12-03 08:00 AM
Inflation Rate YoY  Nov
9.15% 8.96% 9% 9%
2015-01-05 08:00 AM
Inflation Rate YoY  DEC
9.15% 8.91%
2015-02-03 08:00 AM
Inflation Rate YoY  Jan
8.67%
2015-03-03 08:00 AM
Inflation Rate YoY  Feb
8.4%


Turkey Prices Last Previous Highest Lowest Unit
Inflation Rate 9.15 8.96 138.71 -4.01 percent [+]
Inflation Rate Mom 0.18 1.90 3.27 -1.43 percent [+]
Consumer Price Index CPI 248.82 248.37 248.82 94.77 Index Points [+]
GDP Deflator 1376.84 1380.97 1392.42 86.57 Index Points [+]
Producer Prices 237.65 239.97 239.97 0.01 Index Points [+]
Producer Prices Change 8.36 10.10 139.90 -3.75 percent [+]
Export Prices 104.83 105.54 128.12 58.61 Index Points [+]
Import Prices 103.90 105.70 127.41 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 6.56 Nov/14 6.59 6821.31 1.65 percent [+]
Canada 2.00 Nov/14 2.40 21.60 -17.80 percent [+]
China 1.40 Nov/14 1.60 28.40 -2.20 percent [+]
Euro Area 0.30 Nov/14 0.40 5.00 -0.70 percent [+]
France 0.30 Nov/14 0.50 18.80 -0.70 percent [+]
Germany 0.57 Nov/14 0.80 11.54 -7.62 percent [+]
India 4.38 Nov/14 5.52 11.16 4.38 percent [+]
Indonesia 6.23 Nov/14 4.83 82.40 -1.17 percent [+]
Italy 0.19 Nov/14 0.10 25.64 -2.44 percent [+]
Japan 2.90 Oct/14 3.20 25.00 -2.52 percent [+]
Mexico 4.17 Nov/14 4.30 179.73 2.91 percent [+]
Netherlands 1.00 Nov/14 1.10 11.19 -1.30 percent [+]
Russia 9.10 Nov/14 8.30 2333.30 3.60 percent [+]
South Korea 1.00 Nov/14 1.20 32.50 0.20 percent [+]
Spain -0.40 Nov/14 -0.10 28.43 -1.37 percent [+]
Switzerland -0.10 Nov/14 0.00 11.92 -1.37 percent [+]
Turkey 9.15 Nov/14 8.96 138.71 -4.01 percent [+]
United Kingdom 1.00 Nov/14 1.30 8.50 0.50 percent [+]
United States 1.30 Nov/14 1.70 23.70 -15.80 percent [+]