Core consumer prices in Turkey increased 56.04 percent in May of 2022 over the same month in the previous year. source: Turkish Statistical Institute
Core Inflation Rate in Turkey averaged 9.90 percent from 2004 until 2022, reaching an all time high of 56.04 percent in May of 2022 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 July of 2022.
Core Inflation Rate in Turkey is expected to be 32.00 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 12.50 percent in 2023 and 9.50 percent in 2024, according to our econometric models.