Skyline at golden hour in Turkey

Turkey Inflation July 2022

Turkey: Inflation sets new record-high July

Consumer prices jumped 2.37% month on month in July, down from the 4.95% increase recorded in June. The uptick came on the back of a surge in transportation, food and non-alcoholic beverages, furnishing and household equipment, and alcoholic beverages and tobacco prices.

Inflation, meanwhile, surged to a fresh series-high of 79.6% in July (June: 78.62%). July’s figure was the highest inflation rate since our current records began. Meanwhile, the trend pointed up, with annual average inflation coming in at 49.7% in July from 44.5% in June. Lastly, core inflation jumped to 61.7% in July from 57.3% in June.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest