Inflation Turkey 1963
Average inflation: 6.4%
Current Inflation
Inflation is very high at 6.4%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 7.4%. The lowest inflation was in December at 4.4%.
- Highest month
- May: 7.4%
- Lowest month
- December: 4.4%
- Difference
- 3.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 6.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of 6.9%.
- Highest increase
- Food and non-alcoholic beverages: 6.9%
- Lowest increase
- Food and non-alcoholic beverages: 6.9%
Historical Context
Current inflation is 1.5% higher than the 5-year average of 4.9%. This approaches the highest level since records began (6.4% in 1963).
- 5-year average
- 4.9%
- 10-year average
- 4.9%
- All-time high (1963)
- 6.4%
- All-time low (1961)
- 3.2%
Trend
Inflation shows an upward trend. Compared to 1962, inflation has risen by +2.5 percentage point.
- Change vs. previous year
- +2.5 percentage points
- Largest monthly swing
- May: +4.9 percentage points
ECB Target
Inflation is 4.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €106.40 next year at this inflation rate.
Multi-year trend
Monthly figures 1963
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1962 |
|---|---|---|
| January | 6.3% | +1.0 |
| February | 5.7% | -0.8 |
| March | 6.1% | +1.9 |
| April | 7.0% | +2.7 |
| May | 7.4% | +4.9 |
| June | 7.4% | +4.0 |
| July | 7.0% | +4.9 |
| August | 6.2% | +2.8 |
| September | 6.6% | +3.2 |
| October | 6.9% | +4.8 |
| November | 5.6% | +1.0 |
| December | 4.4% | -0.6 |
| Average | 6.4% |
Data source
Data from OECD. Last updated: 19/12/2025.