Cost of food in Turkey increased 43.80 percent in December of 2021 over the same month in the previous year. source: Turkish Statistical Institute
Food Inflation in Turkey averaged 11.53 percent from 2004 until 2021, reaching an all time high of 43.80 percent in December of 2021 and a record low of 1.38 percent in April of 2016. This page provides the latest reported value for - Turkey Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Food Inflation - values, historical data and charts - was last updated on January of 2022.
Food Inflation in Turkey is expected to be 55.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Food Inflation is projected to trend around 25.00 percent in 2023 and 14.50 percent in 2024, according to our econometric models.