Turkey Inflation Rate

Last Release

May 31, 2025

Actual

35.41

Units In

37.86

Frequency

Monthly

Next Release

Jul 03, 2025

Time to Release

27 Days 21 Hours

Highest	Lowest	Average	Date Range	Source
138.71 May 1980	-4.01 Jun 1968	35.42 %	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 slowed to 35.41% in May 2025 from 37.86% in April and below market expectations of 36.1%. This marks a year-long easing in consumer inflation and the lowest level since November 2021, as price growth continued to slow across almost all sub-indexes. Notably, inflation moderated for food and non-alcoholic beverages (32.87% vs 36.09% in April) and housing and utilities (67.43% vs 74.07%). It also eased for furnishing, household equipment, and routine maintenance (29.69% vs 30.54%), clothing and footwear (14.12% vs 16.92%), and hotels, cafes, and restaurants (36.91% vs 41.87%). In contrast, transport inflation was the only category to rise, increasing to 24.59% from 22.76%. Meanwhile, core inflation dropped to 35.37%, the lowest since December 2021, from 37.12% in the previous month. On a monthly basis, the CPI rose 1.53%, the smallest increase in five months, following a 3% rise in April and coming in below forecasts of a 2% gain.