Skyline at golden hour in Turkey

Turkey Inflation March 2021

Turkey: Inflation increases to over one-year high in March

Consumer prices increased 1.08% from the previous month in March, picking up from February’s 0.91% increase. The print came on the back of marked price increases for health; education; hotels, cafes and restaurants; recreation and culture; and clothing and footwear. This more than offset flatlining transportation prices.

Inflation increased to 16.2%in March, following February’s 15.6%. March’s result marked the highest inflation rate since July 2019. Annual average inflation rose to 13.2% in March (February: 12.8%). Lastly, core inflation rose to 16.9% from February’s 16.2%.

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