Core consumer prices in Turkey increased 14.31 percent in December of 2020 over the same month in the previous year. source: Turkish Statistical Institute

Core Inflation Rate in Turkey averaged 8.48 percent from 2004 until 2020, reaching an all time high of 24.34 percent in October of 2018 and a record low of 2.50 percent in October of 2010. This page provides the latest reported value for - Turkey Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Core Inflation Rate - values, historical data and charts - was last updated on January of 2021.

Core Inflation Rate in Turkey is expected to be 12.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Turkey to stand at 9.40 in 12 months time. In the long-term, the Turkey Core Inflation Rate is projected to trend around 7.00 percent in 2022 and 4.80 percent in 2023, according to our econometric models.

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Turkey Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
14.31 13.26 24.34 2.50 2004 - 2020 percent Monthly
2003=100

Turkey Prices Last Previous Highest Lowest Unit
Inflation Rate 14.60 14.03 138.71 -4.01 percent [+]
Inflation Rate Mom 1.25 2.30 6.30 -1.44 percent [+]
Consumer Price Index CPI 504.81 498.58 504.81 94.77 points [+]
Core Consumer Prices 425.97 421.79 425.97 94.47 points [+]
Core Inflation Rate 14.31 13.26 24.34 2.50 percent [+]
GDP Deflator 199.50 153.70 199.50 59.40 points [+]
Producer Prices 568.27 555.18 568.27 0.01 points [+]
Producer Prices Change 25.15 23.11 139.90 -3.75 percent [+]
Export Prices 91.34 90.75 128.12 58.61 points [+]
Import Prices 86.83 84.45 127.41 45.77 points [+]
Food Inflation 20.61 21.08 31.86 1.38 percent [+]
Harmonised Consumer Prices 193.48 191.09 193.48 1.20 points [+]
Cpi Housing Utilities 534.18 530.64 534.18 96.79 points [+]
CPI Transportation 514.86 501.61 514.86 94.61 points [+]


Turkey Core Inflation Rate
In Turkey, core consumer prices measure a broad rise or fall in prices that consumers pay for a standard basket of goods, excluding volatile items such as energy, food and non-alcoholic beverages, alcoholic beverages, tobacco and gold.