Turkey Inflation Rate  1965-2018 | Data | Chart | Calendar | Forecast

Consumer price inflation in Turkey jumped 10.85 percent year-on-year in April of 2018, up from 10.23 percent in March and reaching its highest since December. There was a generalized increase in prices, especially for transport, furnishing and household appliances, clothing & footwear and miscellaneous goods & services. Inflation Rate in Turkey averaged 35.22 percent from 1965 until 2018, 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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Turkey April Inflation Rate Picks Up to 4-Month High


Consumer price inflation in Turkey jumped 10.85 percent year-on-year in April of 2018, up from 10.23 percent in March and reaching its highest since December.

Year-on-year, prices advanced faster for: housing & utilities (10.63 percent vs 9.46 percent in March); transport (16.45 percent vs 13.41 percent); furnishing & household appliances (16.75 percent vs 15.41 percent); hotels, cafes & restaurants (11.88 percent vs 11.67 percent); clothing & footwear (12.03 pecent vs 10.74 percent); miscellaneous goods & services (12.03 percent vs 10.87 percent) and recreation & culture (8.18 percent vs 7.14 percent).

Meanwhile, inflation eased for food & non-alcoholic beverages (8.81 percent vs 10.37 percent).

Annual core inflation rate, which excludes energy, food and non-alcoholic beverages, alcoholic beverages, tobacco and gold, climbed to 12.24 percent in April from 11.44 percent in March.

On a monthly basis, consumer prices inched up 1.87 percent in April, up from a 0.99 percent increase in March and above market expectations of a 1.6 percent rise. The highest monthly increase was seen for clothing and footwear (10.40 percent vs 1.05 percent).


Turkish Statistical Institute l Luisa Carvalho | luisa.carvalho@tradingeconomics.com
5/3/2018 7:50:28 AM


Recent Releases

Turkish March Inflation Rate Lowest in 8 Months
Consumer prices in Turkey rose 10.23 percent year-on-year in March of 2018, easing slightly from a 10.26 percent increase in the prior month. The inflation rate remained at its lowest level since July.
Published on 2018-04-03

Turkish Inflation Rate Eases to 7-Month Low
Consumer prices in Turkey increased 10.26 percent year-on-year in February 2018, easing from a 10.35 percent gain in the previous month. It was the lowest inflation rate since July, as prices rose at a slower pace for housing and transportation.
Published on 2018-03-05

Turkish Inflation Rate at 6-Month Low
Consumer prices in Turkey increased 10.35 percent year-on-year in January 2018, easing from a 11.92 percent gain in the previous month. It was the lowest inflation rate since July, as prices rose at a slower pace for food and transportation.
Published on 2018-02-05

Turkish Inflation Rate Falls from 14-Year High
Turkish consumer price inflation eased to 11.92 percent year-on-year in December 2017 from 14-year high of 12.98 percent in the previous month, as prices rose at a softer pace for food, housing, and transportation.
Published on 2018-01-03



Calendar GMT Actual Previous Consensus TEForecast
2018-03-05 07:00 AM Inflation Rate YoY 10.26% 10.35% 9.6%
2018-04-03 07:00 AM Inflation Rate YoY 10.23% 10.26% 9.8%
2018-05-03 07:00 AM Inflation Rate YoY 10.85% 10.23% 9.8%
2018-06-04 07:00 AM Inflation Rate YoY 10.85% 10.5%
2018-07-03 07:00 AM Inflation Rate YoY 10.1%
2018-08-03 07:00 AM Inflation Rate YoY 9.9%


Turkey Prices Last Previous Highest Lowest Unit
Inflation Rate 10.85 10.23 138.71 -4.01 percent [+]
Inflation Rate Mom 1.87 0.99 3.27 -1.43 percent [+]
Consumer Price Index CPI 342.78 336.48 342.78 94.77 Index Points [+]
Core Consumer Prices 296.48 288.89 296.48 94.47 Index Points [+]
Core Inflation Rate 12.24 11.44 12.30 2.50 percent [+]
GDP Deflator 185.90 185.90 185.90 59.40 Index Points [+]
Producer Prices 341.88 333.21 341.88 0.01 Index Points [+]
Producer Prices Change 16.37 14.28 139.90 -3.75 percent [+]
Export Prices 97.98 98.36 128.12 58.61 Index Points [+]
Import Prices 92.58 91.81 127.41 45.77 Index Points [+]
Food Inflation 8.81 10.37 17.08 1.38 percent [+]
Harmonised Consumer Prices 131.37 128.96 131.37 1.20 Index Points [+]
CPI Transportation 346.28 334.43 346.28 94.61 Index Points [+]


Turkey Inflation Rate

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 2018.

Actual Previous Highest Lowest Dates Unit Frequency
10.85 10.23 138.71 -4.01 1965 - 2018 percent Monthly
2003=100




inflation rate by Country
Country Last
Australia 1.90 Mar/18
Brazil 2.76 Apr/18
Canada 2.20 Apr/18
China 1.80 Apr/18
Euro Area 1.20 Apr/18
France 1.60 Apr/18
Germany 1.60 Apr/18
India 4.58 Apr/18
Indonesia 3.41 Apr/18
Italy 0.50 Apr/18
Japan 0.60 Apr/18
Mexico 4.55 Apr/18
Netherlands 0.90 Apr/18
Russia 2.40 Apr/18
South Korea 1.60 Apr/18
Spain 1.10 Apr/18
Switzerland 0.80 Apr/18
Turkey 10.85 Apr/18
United Kingdom 2.50 Mar/18
United States 2.50 Apr/18


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