Inflation in Turkey

Turkey Inflation | Economic News & Forecasts

Turkey - Inflation

Inflation slows in August

Consumer prices rose 0.86% in August compared to the previous month, down from July’s 1.36% increase. The slowdown was driven by a modest decrease in transportation costs after increasing substantially in July.

Inflation slowed to 15.0% in August from 16.6% in July. Core inflation, which excludes volatile price items such as energy and food, moderated to 13.6% in August from 16.2% in July. Annual average inflation, meanwhile, slowed to 19.6% from 19.9%.

FocusEconomics Consensus Forecast panelists expect consumer price inflation to end 2019 at 14.1% and 2020 at 10.9%.

Turkey - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)7.5  8.9  7.7  7.8  11.1  

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Turkey Inflation Chart


Turkey Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Statistical Institute and FocusEconomics calculations.

Turkey Facts

ValueChangeDate
Bond Yield14.86-0.09 %Sep 04
Exchange Rate5.67-0.85 %Sep 04
Stock Market100,0771.41 %Sep 04

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