Cost of food in Turkey increased 34.86 percent in May of 2026 over the same month in the previous year. Food Inflation in Turkey averaged 20.73 percent from 2004 until 2026, reaching an all time high of 102.55 percent in November of 2022 and a record low of 1.38 percent in April of 2016. source: Turkish Statistical Institute
Food Inflation in Turkey is expected to be 36.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Food Inflation is projected to trend around 27.00 percent in 2027 and 20.00 percent in 2028, according to our econometric models.