Turkey Inflation Rate  1965-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Turkey jumped 11.87 percent year-on-year in April of 2017, following a 11.29 percent rise in the prior month. It is the highest inflation rate since October of 2008, as cost of food and transport increased at a faster pace. On a monthly basis, consumer prices went up 1.31 percent, compared to a 1.02 percent rise in March and in line with market expectations of 1.30 percent. Inflation Rate in Turkey averaged 35.68 percent from 1965 until 2017, 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.

Turkey Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-03 07:00 AM Feb 10.13% 9.22% 9.6% 9.8%
2017-04-03 07:00 AM Mar 11.29% 10.13% 10.34%
2017-05-03 07:00 AM Apr 11.87% 11.29% 12.25%
2017-06-05 07:00 AM May 11.87% 9.98%
2017-07-03 07:00 AM Jun 9.65%
2017-08-03 07:00 AM Jul 9.01%




Turkish Inflation Rate Highest Since 2008


Consumer prices in Turkey jumped 11.87 percent year-on-year in April of 2017, following a 11.29 percent rise in the prior month. It is the highest inflation rate since October of 2008, as cost of food and transport increased at a faster pace.

Year-on-year, prices advanced at a faster pace for: food and non-alcoholic beverages (15.63 percent vs 12.53 percent in March) and transport (17.94 percent vs 17.69 percent).

Additional upward pressure came from: housing and utilities (7.53 percent vs 7.71 percent), furniture and household equipment (5.58 percent vs 5.33 percent), hotels, cafes and restaurants (9.27 percent vs 9.16 percent), clothing and footwear (5.17 percent vs 8.52 percent), alcoholic beverages and tobacco (21.65 percent vs 21.71 percent), miscellaneous goods and services (13.68 percent vs 12.51 percent), communication (4.15 percent vs 4.47 percent), recreation and culture (9.22 percent vs 9.30 percent), health (13.32 percent vs 13.28 percent) and education (9.64 percent vs 9.84 percent).

On a monthly basis, consumer prices went up 1.31 percent, compared to a 1.02 percent rise in March and in line with market expectations of 1.30 percent.

Turkish Statistical Institute l Luisa Carvalho | luisa.carvalho@tradingeconomics.com
5/3/2017 7:41:41 AM



Turkey Prices Last Previous Highest Lowest Unit
Inflation Rate 11.87 11.29 138.71 -4.01 percent [+]
Inflation Rate Mom 1.31 1.02 3.27 -1.43 percent [+]
Consumer Price Index CPI 309.23 305.24 309.23 94.77 Index Points [+]
Core Consumer Prices 117.78 115.63 117.78 1.34 Index Points [+]
Core Inflation Rate 10.00 9.70 93.70 3.00 percent [+]
GDP Deflator 171.90 171.90 171.90 59.40 Index Points [+]
Producer Prices 293.79 291.58 293.79 0.01 Index Points [+]
Producer Prices Change 16.37 16.09 139.90 -3.75 percent [+]
Export Prices 90.87 91.34 128.12 58.61 Index Points [+]
Import Prices 85.89 85.63 127.41 45.77 Index Points [+]
Food Inflation 15.63 12.53 17.08 1.38 percent [+]
Harmonised Consumer Prices 118.51 116.98 118.51 1.20 Index Points [+]
Cpi Transportation 297.37 294.89 297.37 94.61 Index Points [+]


Turkey Inflation Rate Notes

In Turkey, the most important categories in the consumer price index are food and non-alcoholic beverages (23.7 percent of total weight); housing, water, electricity, gas and other fuels (15.9 percent of total weight) and transportation (14.3 percent). Others include: furnishings, household equipment and routine maintenance (8 percent); hotels, cafes and restaurants (7.5 percent); clothing and footwear (7.4 percent); alcoholic beverages and tobacco (5 percent). The index also includes miscellaneous goods and services (4.7 percent); communication (4.4 percent); recreation and culture (3.8 percent); health (2.7 percent) and education (2.6 percent). 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 - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
11.87 11.29 138.71 -4.01 1965 - 2017 percent Monthly
2003=100



inflation rate by Country

Last
Australia 2.10 Mar/17
Brazil 4.08 Apr/17
Canada 1.60 Apr/17
China 1.20 Apr/17
Euro Area 1.90 Apr/17
France 1.20 Apr/17
Germany 2.00 Apr/17
India 2.99 Apr/17
Indonesia 4.17 Apr/17
Italy 1.90 Apr/17
Japan 0.40 Apr/17
Mexico 5.82 Apr/17
Netherlands 1.60 Apr/17
Russia 4.10 Apr/17
South Korea 1.90 Apr/17
Spain 2.60 Apr/17
Switzerland 0.40 Apr/17
Turkey 11.87 Apr/17
United Kingdom 2.70 Apr/17
United States 2.20 Apr/17