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Turkey Inflation Rate

Last Release
Dec 31, 2022
Actual
64.27
Units In
%
Previous
84.39
Frequency
Monthly
Next Release
Feb 03, 2023
Time to Release
7 Days 0 Hours
Highest
Lowest
Average
Date Range
Source
138.71
May 1980
-4.01
Jun 1968
34.66 %1965-2022Turkish 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 a 9-month low of 64.3 percent in December 2022 from 84.4 percent in the previous month, and compared to market forecasts of 66.5%. Cost advanced at a softer pace in all components: housing & utilities (79.8 percent vs 82.9 percent in November), clothing & footwear (25.9 percent vs 37 percent), food & non-alcoholic beverages (77.9 percent vs 102.6 percent), alcoholic beverages & tobacco (65.1 percent vs 83.5 percent), furnishings, household equipment, routine maintenance (73 percent vs 92.8 percent), transportation (54.5 percent vs 107 percent ), hotels, cafes & restaurants (68.5 percent vs 80.3 percent), recreation & culture (50 percent vs 61.2 percent), miscellaneous goods & services (53.8 percent vs 70.7 percent). On a monthly basis, consumer prices went up 1.2 percent, the lowest in sixteen months, after a 2.9 percent rise in the previous month.

Turkey Inflation Rate History

Last 12 readings

Turkey Prices Indicators

All Turkey indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
CPI Transportation
1,221.87
Dec 2022
1,274.65
Nov 2022
94.61
Jan 2003
1,274.65
Nov 2022
PointsMonthly2003-2022
Consumer Price Index CPI
1,128.45
Dec 2022
1,115.26
Nov 2022
94.77
Jan 2003
1,128.45
Dec 2022
PointsMonthly2003-2022
Core Consumer Prices
853.52
Dec 2022
837.97
Nov 2022
94.47
Jan 2003
853.52
Dec 2022
PointsMonthly2003-2022
Core Inflation Rate
51.93
Dec 2022
68.91
Nov 2022
2.5
Oct 2010
70.45
Oct 2022
%Monthly2004-2022
Cpi Housing Utilities
1,235.1
Dec 2022
1,201.03
Nov 2022
96.79
Jan 2003
1,235.1
Dec 2022
PointsMonthly2003-2022
Export Prices
109.98
Nov 2022
107.09
Oct 2022
58.61
Oct 2001
128.12
Jul 2008
PointsMonthly1982-2022
Food Inflation
77.87
Dec 2022
102.6
Nov 2022
1.38
Apr 2016
102.6
Nov 2022
%Monthly2004-2022
GDP Deflator
223
Sep 2022
201.3
Jun 2022
59.1
Mar 1999
223
Sep 2022
PointsQuarterly1998-2022
Harmonised Consumer Prices
432.46
Dec 2022
427.41
Nov 2022
1.2
Jan 1996
432.46
Dec 2022
PointsMonthly1996-2022
Import Prices
139.53
Nov 2022
143.92
Oct 2022
45.77
Jul 1986
153.99
Apr 2022
PointsMonthly1982-2022
Inflation Rate
64.27
Dec 2022
84.39
Nov 2022
-4.01
Jun 1968
138.71
May 1980
%Monthly1965-2022
Inflation Rate Mom
1.18
Dec 2022
2.88
Nov 2022
-1.44
Nov 2018
13.58
Dec 2021
%Monthly2003-2022
Producer Price Inflation MoM
-0.24
Dec 2022
0.74
Nov 2022
-3.55
Dec 2008
32.98
Apr 1994
N/A1994-2022
Producer Prices
2,021.19
Dec 2022
2,026.08
Nov 2022
0.01
Jan 1982
2,026.08
Nov 2022
PointsMonthly1982-2022
Producer Prices Change
97.72
Dec 2022
136.02
Nov 2022
-3.75
Jul 2009
157.69
Oct 2022
%Monthly1983-2022

Inflation Rate across Europe

Inflation Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Albania
7.4
Dec 2022
7.9
Nov 2022
-2.11
Mar 2000
42.08
Dec 1997
% Monthly1995-2022
Armenia
8.3
Dec 2022
8.8
Nov 2022
-5.52
Mar 1999
22,887.4
Jun 1994
% Monthly1993-2022
Austria
10.2
Dec 2022
10.6
Nov 2022
-3
Mar 1959
11
Oct 2022
% Monthly1958-2022
Belarus
12.8
Dec 2022
13.3
Nov 2022
4.06
Jul 2018
2,795.64
Aug 1994
% Monthly1992-2022
Belgium
10.35
Dec 2022
10.63
Nov 2022
-18.11
Oct 1921
222.81
Jan 1947
% Monthly1921-2022
Bosnia and Herzegovina
14.8
Dec 2022
16.3
Nov 2022
-2.1
May 2020
17.4
Oct 2022
% Monthly2006-2022
Bulgaria
16.9
Dec 2022
16.9
Nov 2022
-2.6
Feb 2014
2,019.5
Mar 1997
% Monthly1996-2022
Croatia
13.1
Dec 2022
13.5
Nov 2022
-1.8
May 2016
13.5
Nov 2022
% Monthly1999-2022
Cyprus
7.9
Dec 2022
8.7
Nov 2022
-3.59
Oct 1961
18.75
Jul 1951
% Monthly1951-2022
Czech Republic
15.8
Dec 2022
16.2
Nov 2022
-0.4
Jan 2003
21.9
Feb 1993
% Monthly1993-2022
Denmark
8.7
Dec 2022
8.9
Nov 2022
-0.1
Jan 2015
13
Jun 1981
% Monthly1981-2022
Estonia
17.6
Dec 2022
21.3
Nov 2022
-2.17
Oct 2009
24.8
Aug 2022
% Monthly1999-2022
Euro Area
9.2
Dec 2022
10.1
Nov 2022
-0.6
Jul 2009
10.6
Oct 2022
% Monthly1991-2022
Faroe Islands
10.1
Dec 2022
8.8
Sep 2022
-3.1
Sep 2009
10.1
Dec 2022
% Quarterly2002-2022
Finland
9.1
Dec 2022
9.1
Nov 2022
-1.54
Oct 2009
19.31
Jan 1975
% Monthly1961-2022
France
5.9
Dec 2022
6.2
Nov 2022
-0.7
Jul 2009
18.8
Apr 1958
% Monthly1958-2022
Georgia
9.8
Dec 2022
10.4
Nov 2022
-3.3
May 2012
59.31
Apr 1996
% Monthly1996-2022
Germany
8.6
Dec 2022
10
Nov 2022
-7.62
Jun 1950
11.54
Oct 1951
% Monthly1950-2022
Greece
7.2
Dec 2022
8.5
Nov 2022
-2.9
Nov 2013
33.7
Jan 1974
% Monthly1960-2022
Hungary
24.5
Dec 2022
22.5
Nov 2022
-1.4
Jan 2015
31
Jun 1995
% Monthly1992-2022
Iceland
9.6
Dec 2022
9.3
Nov 2022
-0.06
Nov 1994
25.2
Dec 1989
% Monthly1989-2022
Ireland
8.2
Dec 2022
8.9
Nov 2022
-6.56
Oct 2009
23.15
Oct 1981
% Monthly1976-2022
Italy
11.6
Dec 2022
11.8
Nov 2022
-0.6
Jan 2015
25.64
Nov 1974
% Monthly1962-2022
Kosovo
12.1
Dec 2022
11.6
Nov 2022
-4.4
May 2009
14.2
May 2008
% Monthly2003-2022
Latvia
20.8
Dec 2022
21.8
Nov 2022
-4.3
Feb 2010
22.2
Sep 2022
% Monthly1998-2022
Liechtenstein
2.8
Dec 2022
3
Nov 2022
-1.4
Aug 2015
6.53
Jun 1991
% Monthly1983-2022
Lithuania
21.7
Dec 2022
22.9
Nov 2022
-2
Jan 2003
707.4
Jun 1993
% Monthly1993-2022
Luxembourg
5.4
Dec 2022
5.9
Nov 2022
-1.35
Jan 1999
7.4
Jun 2022
% Monthly1991-2022
Macedonia
14.2
Dec 2022
19.5
Nov 2022
-2.1
Dec 2009
19.8
Oct 2022
% Monthly2006-2022
Malta
7.3
Dec 2022
7.2
Nov 2022
-1.08
Apr 2007
7.4
Sep 2022
% Monthly2005-2022
Moldova
30.24
Dec 2022
31.41
Nov 2022
-2.3
Sep 2009
34.62
Oct 2022
% Monthly2007-2022
Montenegro
17.2
Dec 2022
17.5
Nov 2022
-1.4
Apr 2014
26.5
Dec 2001
% Monthly2001-2022
Netherlands
9.6
Dec 2022
9.9
Nov 2022
-1.3
Feb 1987
14.5
Sep 2022
% Monthly1971-2022
Norway
5.9
Dec 2022
6.5
Nov 2022
-1.8
Jan 2004
18.9
Jun 1951
% Monthly1950-2022
Poland
16.6
Dec 2022
17.5
Nov 2022
-1.6
Feb 2015
46.5
Apr 1992
% Monthly1992-2022
Portugal
9.6
Dec 2022
9.9
Nov 2022
-1.6
Jun 2009
53.9
May 1977
% Monthly1961-2022
Romania
16.37
Dec 2022
16.76
Nov 2022
-3.5
May 2016
316.9
Nov 1993
% Monthly1991-2022
Russian Federation
11.9
Dec 2022
12
Nov 2022
2.18
Feb 2018
2,333.3
Dec 1992
% Monthly1991-2022
Serbia
15.1
Dec 2022
15.1
Nov 2022
0.1
Jan 2015
15.1
Nov 2022
% Monthly2007-2022
Slovakia
15.4
Dec 2022
15.4
Nov 2022
-0.9
Jul 2016
15.4
Nov 2022
% Monthly2002-2022
Slovenia
10.3
Dec 2022
10
Nov 2022
-1.2
Apr 2020
22.6
Aug 1994
% Monthly1994-2022
Spain
5.7
Dec 2022
6.8
Nov 2022
-1.37
Jul 2009
28.43
Aug 1977
% Monthly1955-2022
Sweden
12.3
Dec 2022
11.5
Nov 2022
-1.6
Sep 2009
15.5
Oct 1980
% Monthly1980-2022
Switzerland
2.8
Dec 2022
3
Nov 2022
-1.4
Aug 2015
11.92
Dec 1973
% Monthly1956-2022
Turkey
64.27
Dec 2022
84.39
Nov 2022
-4.01
Jun 1968
138.71
May 1980
% Monthly1965-2022
Ukraine
26.6
Dec 2022
26.5
Nov 2022
-1.2
Jun 2012
530.3
Sep 1995
% Monthly1995-2022
United Kingdom
10.5
Dec 2022
10.7
Nov 2022
-0.1
Apr 2015
11.1
Oct 2022
% Monthly1989-2022

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