Turkey Inflation Continues to Cool in April

2025-05-05 07:17 By Judith Sib-at 1 min. read

The annual inflation rate in Turkey eased to 37.86% in April 2025 from 38.10% in the previous month, below market forecasts of 38%.

This marked the 11th consecutive month of falling consumer inflation and the lowest level since December 2021.

Price growth slowed mainly for food and non-alcoholic beverages (36.09% vs 37.12% in March), alcoholic beverages and tobacco (33.85% vs 46.74%), furnishing, household equipment, and routine maintenance (30.54% vs 32.41%), hotels, cafes, and restaurants (41.87% vs 43.38%), education (79.2% vs 80.42%), and miscellaneous goods and services (36.03% vs 37.18%).

Meanwhile, costs increased for housing and utilities (74.07% vs 68.63%), transport (22.76% vs 21.59%), and clothing and footwear (16.92% vs 14.81%).

The core inflation edged down to 37.12%, the lowest since December 2021, from 37.42% in the prior month.

On a monthly basis, the CPI rose by 3% in April, following a 2.46% increase in March but coming in slightly below expectations of a 3.1% growth.



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