Turkey Inflation Rate

Last Release

Feb 28, 2025

Actual

39.05

Units In

42.12

Frequency

Monthly

Next Release

Apr 03, 2025

Time to Release

28 Days 8 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 fell to 39.05% in February 2025, down from 42.12% in January and below the expected 39.90%. This marks the ninth consecutive month of easing consumer inflation and the lowest reading since June 2023, driven by slower price increases across most categories, particularly food and non-alcoholic beverages (35.11% vs. 41.76% in January). Inflation also moderated for clothing and footwear (20.84% vs. 27.53%), furnishings, household equipment, and routine maintenance (33.60% vs. 35.32%), health (43.02% vs. 55.02%), recreation and culture (29.26% vs. 33.05%), and hotels, cafes, and restaurants (45.90% vs. 49.18%). Meanwhile, annual core inflation fell to 40.21%, the lowest since January 2022, down from 42.65% in December. On a monthly basis, CPI rose 2.27%, easing from a 5.03% increase in the previous period.