Inflation Turkey 1962
Average inflation: 3.9%
Current Inflation
Inflation is high at 3.9%, well above the ECB target.
Peak and Trough
The highest inflation was in February at 6.5%. The lowest inflation was in July at 2.1%.
- Highest month
- February: 6.5%
- Lowest month
- July: 2.1%
- Difference
- 4.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is around the 5-year average of 4.4%.
- 5-year average
- 4.4%
- 10-year average
- 4.4%
- All-time high (1960)
- 6%
- All-time low (1961)
- 3.2%
Trend
Inflation shows a downward trend. Compared to 1961, inflation has fallen by +0.7 percentage point.
- Change vs. previous year
- +0.7 percentage points
- Largest monthly swing
- February: +7.4 percentage points
ECB Target
Inflation is 1.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.90 next year at this inflation rate.
Multi-year trend
Monthly figures 1962
Month overview
| Month | Inflation | Difference vs. 1961 |
|---|---|---|
| January | 5.3% | +7.0 |
| February | 6.5% | +7.4 |
| March | 4.2% | +2.0 |
| April | 4.3% | +3.9 |
| May | 2.5% | -0.1 |
| June | 3.4% | +0.3 |
| July | 2.1% | -2.7 |
| August | 3.4% | -0.6 |
| September | 3.4% | -1.0 |
| October | 2.1% | -5.0 |
| November | 4.6% | -1.7 |
| December | 5.0% | -1.2 |
| Average | 3.9% |
Data source
Data from OECD. Last updated: 24/11/2025.