Turkey’s annual inflation eased to 30.65% in January 2026 from 30.89% in the previous month, albeit remaining above market expectations of 30%. It marked the lowest reading since November 2021, as price growth moderated for housing and utilities (45.36% vs 49.45% in December), furnishings and household equipment (23.13% vs 24.97%), and hotels, cafes, and restaurants (33.31% vs 34.11%). On the other hand, costs accelerated for food and non-alcoholic beverages (31.69% vs 28.31%), transport (29.39% vs 28.44%), alcoholic beverages and tobacco (31.45% vs 30.8%), and miscellaneous goods and services (29.71% vs 29.68%). On a monthly basis, consumer prices surged to a one-year high of 4.84% from 0.89% in December, surpassing market expectations of 4.32%. The January data reflects TurkStat’s overhaul of its inflation methodology, which includes rebasing the index, revising basket categories, and shifting index weights from household budget surveys to national accounts data. source: Turkish Statistical Institute

Inflation Rate in Turkey decreased to 30.65 percent in January from 30.89 percent in December of 2025. Inflation Rate in Turkey averaged 35.38 percent from 1965 until 2026, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Inflation Rate in Turkey decreased to 30.65 percent in January from 30.89 percent in December of 2025. Inflation Rate in Turkey is expected to be 27.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Inflation Rate is projected to trend around 9.00 percent in 2027 and 8.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-05 07:00 AM
Inflation Rate YoY
Dec 30.89% 31.07% 31% 31.0%
2026-02-03 07:00 AM
Inflation Rate YoY
Jan 30.65% 30.89% 30% 30.0%
2026-03-03 07:00 AM
Inflation Rate YoY
Feb 30.65% 28.5%


Related Last Previous Unit Reference
CPI 115.73 110.39 points Jan 2026
Core Consumer Prices 115.40 110.37 points Jan 2026
Core Inflation Rate 29.80 31.08 percent Jan 2026
CPI Housing Utilities 120.10 115.00 points Jan 2026
CPI Transportation 114.27 108.53 points Jan 2026
Export Prices 126.80 125.98 points Nov 2025
Food Inflation 31.69 28.31 percent Jan 2026
Import Prices 136.63 138.17 points Nov 2025
Inflation Rate YoY 30.65 30.89 percent Jan 2026
Inflation Rate MoM 4.84 0.89 percent Jan 2026
Producer Prices 4910.53 4783.04 points Jan 2026
PPI YoY 27.17 27.67 percent Jan 2026


Turkey Inflation Rate
In Turkey, the most important categories in the Consumer Price Index are Food & Non-alcoholic Beverages (25% of the total weight); Transportation (17%); Housing, Water, Electricity, Gas & Other Fuels (14%). Others include: Furnishings, Household Equipment & Routine Maintenance (9%); Hotels, Cafes & Restaurants (7%); Clothing & Footwear (6%); and Miscellaneous Goods & Services (5%). The index also includes: Alcoholic Beverages & Tobacco (4%), Communications (4%) and Education (2%).
Actual Previous Highest Lowest Dates Unit Frequency
30.65 30.89 138.71 -4.01 1965 - 2026 percent Monthly
2025 =100, NSA

News Stream
Turkey Inflation Rate Hits Over 4-Year Low
Turkey’s annual inflation eased to 30.65% in January 2026 from 30.89% in the previous month, albeit remaining above market expectations of 30%. It marked the lowest reading since November 2021, as price growth moderated for housing and utilities (45.36% vs 49.45% in December), furnishings and household equipment (23.13% vs 24.97%), and hotels, cafes, and restaurants (33.31% vs 34.11%). On the other hand, costs accelerated for food and non-alcoholic beverages (31.69% vs 28.31%), transport (29.39% vs 28.44%), alcoholic beverages and tobacco (31.45% vs 30.8%), and miscellaneous goods and services (29.71% vs 29.68%). On a monthly basis, consumer prices surged to a one-year high of 4.84% from 0.89% in December, surpassing market expectations of 4.32%. The January data reflects TurkStat’s overhaul of its inflation methodology, which includes rebasing the index, revising basket categories, and shifting index weights from household budget surveys to national accounts data.
2026-02-03
Turkey Inflation Rate Lowest Since 2021
Turkey's annual inflation rate slowed to 30.89% in December 2025 from 31.07% in the previous month, missing market expectations of 31%. It marked the lowest reading since November 2021, as prices increased at a softer pace for housing and utilities (49.45% vs 49.92% in November), transport (28.44% vs 29.23%), clothing and footwear (6.5% vs 8.99%), furnishings and household equipment (24.97% vs 26.47%), recreation and culture (24.99% vs 25.87%), and miscellaneous goods and services (29.68% vs 29.94%). On the other hand, costs accelerated for food and non-alcoholic beverages (28.31% vs 27.44%), alcoholic beverages and tobacco (30.8% vs 30.7%), health (30.87% vs 29.46%), communications (19.04% vs 17.78%), education (66.27% vs 66.17%), and hotels, cafes, and restaurants (34.11% vs 33.91%). On a monthly basis, consumer prices edged up to 0.89% from 0.87% in November, but remained below market expectations of 0.98%.
2026-01-05
Turkey Inflation Rate at 4-Year Low
Turkey's annual inflation rate eased to 31.07% in November 2025 from 32.87% in the previous month, below market expectations of 31.6%. It marked the lowest reading since November 2021, as prices moderated for food and non-alcoholic beverages (27.44% vs 32.87% in October), housing (49.92% vs 50.96%), furnishings and household equipment (26.47% vs 28.9%), health (29.46% vs 32.06%), communications (17.78% vs 19.35%), and miscellaneous goods and services (29.94% vs 30.13%). In contrast, costs increased at a faster pace for transport (29.23% vs 27.33%), alcoholic beverages and tobacco (30.7% vs 27.56%), clothing and footwear (8.99% vs 7.98%), recreation and culture (25.87% vs 25.32%), education (66.17% vs 65.69%), and hotels, cafes and restaurants (33.91% vs 33.78%). On a monthly basis, consumer prices eased to 0.87% from 2.55% in October, missing market expectations of 1.25% and marking its lowest level since May 2023.
2025-12-03