Turkey's annual inflation rate slowed to 32.87% in October 2025 from 33.29% in the previous month, coming in below market expectations of 33.2%. It marked the lowest reading since November 2021, as prices moderated in the majority of sub-indices, particularly for food and non-alcoholic beverages (34.87% vs 36.06% in September), housing (50.96% vs 51.36%), clothing and footwear (7.98% vs 9.8%), furnishings and household equipment (28.9% vs 29.32%), health (32.06% vs 35.21%), communications (19.35% vs 23.2%), education (65.69% vs 66.1%), hotels, cafes and restaurants (33.78% vs 33.91%), and miscellaneous goods and services (30.13% vs 31.6%). Meanwhile, costs accelerated for transport (27.33% vs 25.3%), alcoholic beverages and tobacco (27.56% vs 24.49%), and recreation and culture (25.32% vs 24.85%). On a monthly basis, consumer prices rose 2.55% in October, easing from an eight-month high of 3.23% in September and below market forecasts of 2.83%. source: Turkish Statistical Institute

Inflation Rate in Turkey decreased to 32.87 percent in October from 33.29 percent in September of 2025. Inflation Rate in Turkey averaged 35.40 percent from 1965 until 2025, 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 November of 2025.

Inflation Rate in Turkey decreased to 32.87 percent in October from 33.29 percent in September of 2025. Inflation Rate in Turkey is expected to be 28.50 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 16.00 percent in 2026 and 9.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-10-03 07:00 AM
Inflation Rate YoY
Sep 33.29% 32.95% 32.5% 32.4%
2025-11-03 07:00 AM
Inflation Rate YoY
Oct 32.87% 33.29% 33.2% 33.1%
2025-12-03 07:00 AM
Inflation Rate YoY
Nov 32.87% 29.1%


Related Last Unit Reference
CPI 3453.09 points Oct 2025
Core Consumer Prices 2724.21 points Oct 2025
Core Inflation Rate 32.05 percent Oct 2025
CPI Housing Utilities 4248.26 points Oct 2025
CPI Transportation 3474.04 points Oct 2025
Export Prices 121.25 points Aug 2025
Food Inflation 34.87 percent Oct 2025
Import Prices 132.77 points Aug 2025
Inflation Rate YoY 32.87 percent Oct 2025
Inflation Rate MoM 2.55 percent Oct 2025
Producer Prices 4708.20 points Oct 2025
PPI YoY 27.00 percent Oct 2025


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
32.87 33.29 138.71 -4.01 1965 - 2025 percent Monthly
2003=100

News Stream
Turkey Inflation Rate Hits Near 4-Year Low
Turkey's annual inflation rate slowed to 32.87% in October 2025 from 33.29% in the previous month, coming in below market expectations of 33.2%. It marked the lowest reading since November 2021, as prices moderated in the majority of sub-indices, particularly for food and non-alcoholic beverages (34.87% vs 36.06% in September), housing (50.96% vs 51.36%), clothing and footwear (7.98% vs 9.8%), furnishings and household equipment (28.9% vs 29.32%), health (32.06% vs 35.21%), communications (19.35% vs 23.2%), education (65.69% vs 66.1%), hotels, cafes and restaurants (33.78% vs 33.91%), and miscellaneous goods and services (30.13% vs 31.6%). Meanwhile, costs accelerated for transport (27.33% vs 25.3%), alcoholic beverages and tobacco (27.56% vs 24.49%), and recreation and culture (25.32% vs 24.85%). On a monthly basis, consumer prices rose 2.55% in October, easing from an eight-month high of 3.23% in September and below market forecasts of 2.83%.
2025-11-03
Turkey Inflation Rate Above Expectations
Turkey’s annual inflation rate edged up to 33.29% in September 2025 from 32.95% in August, surpassing market expectations of 32.5%. This marked the first rise in inflation in 15 months, driven primarily by faster price increases in transportation (25.30% vs 24.86% in August), clothing and footwear (9.8% vs 9.49%), communication (23.20% vs 20.61%), and education (66.10% vs 60.91%). In contrast, price growth moderated in housing and utilities (51.36% vs 53.27%), food and non-alcoholic beverages (33.06% vs 33.28%), alcoholic beverages and tobacco (24.49% vs 29.71%), household furnishings and maintenance (29.32% vs 29.74%), recreation and culture (24.85% vs 26.16%), health services (35.21% vs 36.59%), and miscellaneous goods and services (31.06% vs 33.03%). Core inflation eased to 32.54% from 33.0% in August. On a monthly basis, consumer prices rose 3.23% in September, following a 2.04% increase in August and beating the expected 2.6% gain.
2025-10-03
Turkey Inflation Slows to 32.95% in August
Turkey’s annual inflation rate eased to 32.95% in August 2025 from 33.52% in July, slightly above market expectations of 32.6%. This marked the fifteenth consecutive month of slowing consumer inflation and the lowest rate since November 2021, as price growth moderated across most categories—particularly in transportation (24.86% vs 26.57% in July), housing and utilities (53.27% vs 62.01%), clothing and footwear (9.49% vs 10.67%), household furnishings and maintenance (29.74% vs 30.13%), education (60.91% vs 75.54%), health services (36.59% vs 37.49%), and restaurants and hotels (33.96% vs 34.16%). In contrast, price increased faster in food and non-alcoholic beverages (33.28% vs 27.95%), alcoholic beverages and tobacco (29.71% vs 27.79%), and communication (20.61% vs 19.62%). Core inflation also declined to 33.0% from 34.7% in July. On a monthly basis, consumer prices rose by 2.04% in August, following a 2.06% increase in July and beating the expected 1.79% increase.
2025-09-03