The core consumer price inflation rate in Turkey, which excludes volatile items such as energy, food and non-alcoholic beverages, alcoholic beverages, tobacco and gold, picked up to 16.98 percent in September 2021, from 16.76 percent in the previous month. source: Turkish Statistical Institute

Core Inflation Rate in Turkey averaged 8.83 percent from 2004 until 2021, reaching an all time high of 24.34 percent in October of 2018 and a record low of 2.50 percent in October of 2010. This page provides the latest reported value for - Turkey Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Core Inflation Rate - values, historical data and charts - was last updated on October of 2021.

Core Inflation Rate in Turkey is expected to be 12.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Core Inflation Rate is projected to trend around 7.50 percent in 2022 and 5.50 percent in 2023, according to our econometric models.

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Turkey Core Inflation Rate

Turkey Last Unit Reference Previous Highest Lowest
Inflation Rate 19.58 percent Sep/21 19.25 138.71 -4.01
Inflation Rate Mom 1.25 percent Sep/21 1.12 6.30 -1.44
Consumer Price Index CPI 570.66 points Sep/21 563.60 570.66 94.77
Core Consumer Prices 474.06 points Sep/21 467.00 474.06 94.47
Core Inflation Rate 16.98 percent Sep/21 16.76 24.34 2.50
GDP Deflator 186.30 points Jun/21 173.00 203.80 59.10
Producer Prices 741.58 points Sep/21 730.28 741.58 0.01
Producer Prices Change 43.96 percent Sep/21 45.52 139.90 -3.75
Export Prices 104.57 points Aug/21 107.69 128.12 58.61
Import Prices 120.40 points Aug/21 117.60 127.41 45.77
Food Inflation 28.79 percent Sep/21 29.00 31.86 1.38
CPI Transportation 565.44 points Sep/21 562.42 566.77 94.61
Cpi Housing Utilities 622.72 points Sep/21 608.49 622.72 96.79

Turkey Core Inflation Rate
In Turkey, core consumer prices measure a broad rise or fall in prices that consumers pay for a standard basket of goods, excluding volatile items such as energy, food and non-alcoholic beverages, alcoholic beverages, tobacco and gold.