Turkey Inflation Rate

Last Release

Mar 31, 2025

Actual

38.1

Units In

39.05

Frequency

Monthly

Next Release

May 05, 2025

Time to Release

30 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
138.71 May 1980	-4.01 Jun 1968	35.41 %	1965-2025	Turkish Statistical Institute

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).

Latest Updates

The annual inflation rate in Turkey eased to 38.10% in March 2025 from 39.05% in the previous month, below market expectations of 38.90%. This marked the 10th consecutive month of declining consumer inflation and the lowest level since December 2021. Price increases moderated across several categories, including clothing and footwear (14.81% vs 20.84% in February), transport (21.59% vs 23.38%), furnishings and household equipment (32.41% vs 33.60%), health (42.01% vs 43.02%), recreation and culture (27.36% vs 29.26%), and hotels, cafes, and restaurants (43.38% vs 45.90%). However, food and non-alcoholic beverage costs accelerated modestly (37.12% vs 35.11%). Meanwhile, core inflation dropped to 37.42%, the lowest level since December 2021, down from 42.10% in February. On a monthly basis, the Consumer Price Index (CPI) increased by 2.46%, higher than the 2.27% rise recorded in February.