The annual inflation rate in Turkey eased to 30.87% in March 2026, down from 31.53% in February which was the highest level since October 2025, and below market expectations of 31.4%. The softer-than-expected reading suggests that anticipated increases in fuel prices, along with weather-related pressures on food inflation, have so far been more subdued. A slowdown was seen in prices for food and non-alcoholic beverages (32.36% vs 36.44% in January), housing (42.06% vs 42.33%), education (51.97% vs 55.78%), and hotels, cafes and restaurants (31.66% vs 32.93%). On the other hand, prices rose faster for transport (34.35% vs 28.86%), health (29.98% vs 29.26%), information and communication (24.12% vs 22.41%), recreation and culture (27.4% vs 27.24%). Compared to the previous month, the CPI increased 1.94%, the least in three months and compared to 2.96% in February and forecasts of 2.32%. Transport recorded the biggest increase (4.52%) and made the largest impact. source: Turkish Statistical Institute

Inflation Rate in Turkey decreased to 30.87 percent in March from 31.53 percent in February of 2026. Inflation Rate in Turkey averaged 35.37 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 April of 2026.

Inflation Rate in Turkey decreased to 30.87 percent in March from 31.53 percent in February of 2026. Inflation Rate in Turkey is expected to be 32.00 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 15.00 percent in 2027 and 11.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-03 07:00 AM
Inflation Rate YoY
Feb 31.53% 30.65% 31.55% 28.5%
2026-04-03 07:00 AM
Inflation Rate YoY
Mar 30.87% 31.53% 31.4% 31.6%
2026-05-04 07:00 AM
Inflation Rate YoY
Apr 30.87%


Related Last Previous Unit Reference
CPI 121.47 119.16 points Mar 2026
Core Consumer Prices 119.08 117.16 points Mar 2026
Core Inflation Rate 29.68 29.46 percent Mar 2026
CPI Housing Utilities 125.33 122.98 points Mar 2026
CPI Transportation 122.52 117.22 points Mar 2026
Export Prices 129.40 126.15 points Jan 2026
Food Inflation 32.36 36.44 percent Mar 2026
Import Prices 135.85 137.75 points Jan 2026
Inflation Rate YoY 30.87 31.53 percent Mar 2026
Inflation Rate MoM 1.94 2.96 percent Mar 2026
Producer Prices 5145.36 5029.76 points Mar 2026
PPI YoY 28.08 27.56 percent Mar 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
30.87 31.53 138.71 -4.01 1965 - 2026 percent Monthly
2025 =100, NSA

News Stream
Turkey Inflation Rate Slows More than Expected in March
The annual inflation rate in Turkey eased to 30.87% in March 2026, down from 31.53% in February which was the highest level since October 2025, and below market expectations of 31.4%. The softer-than-expected reading suggests that anticipated increases in fuel prices, along with weather-related pressures on food inflation, have so far been more subdued. A slowdown was seen in prices for food and non-alcoholic beverages (32.36% vs 36.44% in January), housing (42.06% vs 42.33%), education (51.97% vs 55.78%), and hotels, cafes and restaurants (31.66% vs 32.93%). On the other hand, prices rose faster for transport (34.35% vs 28.86%), health (29.98% vs 29.26%), information and communication (24.12% vs 22.41%), recreation and culture (27.4% vs 27.24%). Compared to the previous month, the CPI increased 1.94%, the least in three months and compared to 2.96% in February and forecasts of 2.32%. Transport recorded the biggest increase (4.52%) and made the largest impact.
2026-04-03
Turkey Inflation Rate Hits 4-Month High
Turkey’s annual inflation rose to 31.53% in February 2026, picking up from a more than four-year low of 30.65% in the previous month, albeit slightly below market expectations of 31.55%. It marked the highest reading since October 2025, as prices climbed for food and non-alcoholic beverages (36.44% vs 31.69% in January), alcoholic beverages and tobacco (36.54% vs 31.45%), health (29.26% vs 21.63%), information and communication (22.41% vs 20.09%), and recreation and culture (27.24% vs 26.88%). On the other hand, prices moderated for housing (42.33% vs 45.36%), transport (28.86% vs 29.39%), clothing and footwear (6.79% vs 7.07%), furnishings and household equipment (22.18% vs 23.13%), education (55.78% vs 64.7%), hotels, cafes and restaurants (32.93% vs 33.31%), insurance and financial services (28.31% vs 29.71%), and miscellaneous goods and services (28.02% vs 29.71%).On a monthly basis, consumer prices eased to 2.96% from 4.84% in January, slightly missing market forecasts of 3%.
2026-03-03
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