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Turkey Core Inflation Rate

Turkey's core inflation rate fell to 32.54% in September 2025. This is the lowest rate since December 2021. In August 2025, the rate was 33%. The decrease is due to the central bank's monetary policy and moderating service sector price increases. Stabilizing global commodity prices also helped ease imported inflation. Turkey's record low core inflation rate was 2.5% in October 2010 and record high was 75.81% in April 2024.

Monthly Historical Data (2004-2025)

(in %)
Month Core Inflation Rate
Sep 2025 32.5%
Aug 2025 33%
Jul 2025 34.7%
Jun 2025 35.6%
May 2025 35.4%
Apr 2025 37.1%
Mar 2025 37.4%
Feb 2025 40.2%
Jan 2025 42.6%
Dec 2024 45.3%
Nov 2024 47.1%
Oct 2024 47.8%
Sep 2024 49.1%
Aug 2024 51.6%
Jul 2024 60.2%
Jun 2024 71.4%
May 2024 75%
Apr 2024 75.8%
Mar 2024 75.2%
Feb 2024 72.9%
Jan 2024 70.5%
Dec 2023 70.6%
Nov 2023 69.9%
Oct 2023 69.8%
Sep 2023 68.9%
Aug 2023 64.8%
Jul 2023 56.1%
Jun 2023 47.3%
May 2023 46.6%
Apr 2023 45.5%
Mar 2023 47.4%
Feb 2023 50.6%
Jan 2023 53%
Dec 2022 51.9%
Nov 2022 68.9%
Oct 2022 70.4%
Sep 2022 68.1%
Aug 2022 66.1%
Jul 2022 61.7%
Jun 2022 57.3%
May 2022 56%
Apr 2022 52.4%
Mar 2022 48.4%
Feb 2022 44%
Jan 2022 39.5%
Dec 2021 31.9%
Nov 2021 17.6%
Oct 2021 16.8%
Sep 2021 17%
Aug 2021 16.8%
Jul 2021 17.2%
Jun 2021 17.5%
May 2021 17%
Apr 2021 17.8%
Mar 2021 16.9%
Feb 2021 16.2%
Jan 2021 15.5%
Dec 2020 14.3%
Nov 2020 13.3%
Oct 2020 11.5%
Sep 2020 11.3%
Aug 2020 11%
Jul 2020 10.2%
Jun 2020 11.6%
May 2020 10.3%
Apr 2020 9.9%
Mar 2020 11.7%
Feb 2020 10%
Jan 2020 9.9%
Dec 2019 9.8%
Nov 2019 9.2%
Oct 2019 6.7%
Sep 2019 7.5%
Aug 2019 13.6%
Jul 2019 16.2%
Jun 2019 14.9%
May 2019 15.9%
Apr 2019 16.3%
Mar 2019 17.5%
Feb 2019 18.1%
Jan 2019 19%
Dec 2018 19.5%
Nov 2018 20.7%
Oct 2018 24.3%
Sep 2018 24%
Aug 2018 17.2%
Jul 2018 15.1%
Jun 2018 14.6%
May 2018 12.6%
Apr 2018 12.2%
Mar 2018 11.4%
Feb 2018 11.9%
Jan 2018 12.2%
Dec 2017 12.3%
Nov 2017 12.1%
Oct 2017 11.8%
Sep 2017 11%
Aug 2017 10.2%
Jul 2017 9.6%
Jun 2017 9.2%
May 2017 9.4%
Apr 2017 9.4%
Mar 2017 9.5%
Feb 2017 8.6%
Jan 2017 7.7%
Dec 2016 7.5%
Nov 2016 7%
Oct 2016 7%
Sep 2016 7.7%
Aug 2016 8.4%
Jul 2016 8.7%
Jun 2016 8.7%
May 2016 8.8%
Apr 2016 9.4%
Mar 2016 9.5%
Feb 2016 9.7%
Jan 2016 9.6%
Dec 2015 9.5%
Nov 2015 9.2%
Oct 2015 8.9%
Sep 2015 8.2%
Aug 2015 7.7%
Jul 2015 7.3%
Jun 2015 7.5%
May 2015 7.5%
Apr 2015 7%
Mar 2015 7.1%
Feb 2015 7.7%
Jan 2015 8.6%
Dec 2014 8.7%
Nov 2014 9%
Oct 2014 9%
Sep 2014 9.2%
Aug 2014 9.7%
Jul 2014 9.8%
Jun 2014 9.7%
May 2014 9.8%
Apr 2014 9.7%
Mar 2014 9.3%
Feb 2014 8.4%
Jan 2014 7.6%
Dec 2013 7.1%
Nov 2013 7.2%
Oct 2013 7.5%
Sep 2013 7%
Aug 2013 6.4%
Jul 2013 6.1%
Jun 2013 5.6%
May 2013 5.6%
Apr 2013 5.4%
Mar 2013 5.8%
Feb 2013 5.8%
Jan 2013 5.7%
Dec 2012 5.8%
Nov 2012 5.7%
Oct 2012 6.1%
Sep 2012 6.7%
Aug 2012 7.2%
Jul 2012 7.5%
Jun 2012 7.4%
May 2012 7.7%
Apr 2012 8.2%
Mar 2012 7.9%
Feb 2012 8.1%
Jan 2012 8.4%
Dec 2011 8.1%
Nov 2011 8.2%
Oct 2011 7.7%
Sep 2011 7%
Aug 2011 6.2%
Jul 2011 5.4%
Jun 2011 5.3%
May 2011 4.7%
Apr 2011 4.4%
Mar 2011 3.8%
Feb 2011 3.8%
Jan 2011 3.2%
Dec 2010 3%
Nov 2010 2.5%
Oct 2010 2.5%
Sep 2010 3.7%
Aug 2010 4.2%
Jul 2010 4.5%
Jun 2010 5%
May 2010 5.5%
Apr 2010 5.7%
Mar 2010 5.4%
Feb 2010 4%
Jan 2010 3.8%
Dec 2009 3.8%
Nov 2009 3.9%
Oct 2009 4.1%
Sep 2009 3.4%
Aug 2009 3.8%
Jul 2009 3.8%
Jun 2009 3%
May 2009 3.2%
Apr 2009 4.1%
Mar 2009 5.6%
Feb 2009 7.2%
Jan 2009 7.4%
Dec 2008 7%
Nov 2008 7.4%
Oct 2008 7.4%
Sep 2008 7.3%
Aug 2008 7.1%
Jul 2008 6.5%
Jun 2008 6.4%
May 2008 6.3%
Apr 2008 5.4%
Mar 2008 4.8%
Feb 2008 4.3%
Jan 2008 4.4%
Dec 2007 4.8%
Nov 2007 4.8%
Oct 2007 4.5%
Sep 2007 5%
Aug 2007 6%
Jul 2007 7%
Jun 2007 8.2%
May 2007 8.9%
Apr 2007 9.7%
Mar 2007 9.9%
Feb 2007 9%
Jan 2007 8.3%
Dec 2006 8.6%
Nov 2006 8.9%
Oct 2006 9.1%
Sep 2006 8.9%
Aug 2006 7.9%
Jul 2006 7.7%
Jun 2006 6.7%
May 2006 6.3%
Apr 2006 5.8%
Mar 2006 5.6%
Feb 2006 6%
Jan 2006 6.5%
Dec 2005 7.4%
Nov 2005 7.4%
Oct 2005 7.9%
Sep 2005 8%
Aug 2005 8.8%
Jul 2005 9.6%
Jun 2005 10.6%
May 2005 10.5%
Apr 2005 9.6%
Mar 2005 8.6%
Feb 2005 8.5%
Jan 2005 9.5%
Dec 2004 9.8%
Nov 2004 9.7%
Oct 2004 9.1%
Sep 2004 8.1%
Aug 2004 8.9%
Jul 2004 9.1%
Jun 2004 9.3%
May 2004 9.6%
Apr 2004 9.6%
Mar 2004 10.5%
Feb 2004 11.5%
Jan 2004 12.1%
Turkey Core Inflation Rate : Definition
Turkey's core inflation rate measures price changes excluding volatile items like food and energy. It's calculated by removing these components from the overall Consumer Price Index. This provides a clearer view of underlying inflation trends, less affected by temporary shocks.
Indicator Last Value Prior Value Period
Annual Inflation Rate 58.51% 53.86% 2024
Inflation Rate 33.3% 33% Sep'25
Inflation Rate MoM 3.2% 2% Sep'25
Producer Price Index (PPI) 26.6% 25.2% Sep'25