Inflation Turkey 1964
Average inflation: 1.1%
Current Inflation
Inflation is low at 1.1%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in January at 4.3%. The lowest inflation was in March at 0.0%.
- Highest month
- January: 4.3%
- Lowest month
- March: 0.0%
- Difference
- 4.3 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 -0.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of -0.2%.
- Highest increase
- Food and non-alcoholic beverages: -0.2%
- Lowest increase
- Food and non-alcoholic beverages: -0.2%
Historical Context
Current inflation is 3.0% lower than the 5-year average of 4.1%. This approaches the lowest level since records began (1.1% in 1964).
- 5-year average
- 4.1%
- 10-year average
- 4.1%
- All-time high (1963)
- 6.4%
- All-time low (1964)
- 1.1%
Trend
Inflation shows a downward trend. Compared to 1963, inflation has fallen by +5.3 percentage point.
- Change vs. previous year
- -5.3 percentage points
- Largest monthly swing
- April: -7.0 percentage points
ECB Target
Inflation is 0.9% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1964
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1963 |
|---|---|---|
| January | 4.3% | -2.0 |
| February | 1.9% | -3.8 |
| March | 0.0% | -6.1 |
| April | 0.0% | -7.0 |
| May | 1.1% | -6.3 |
| June | 0.8% | -6.6 |
| July | 0.0% | -7.0 |
| August | 1.2% | -5.0 |
| September | 1.2% | -5.4 |
| October | 0.4% | -6.5 |
| November | 1.1% | -4.5 |
| December | 1.5% | -2.9 |
| Average | 1.1% |
Data source
Data from OECD. Last updated: 19/12/2025.