Inflation Turkey 1965

Average inflation: 4.6%

Inflation in 1965

Inflation is high at 4.6%, well above the ECB target.

Peak and Trough

The highest inflation was in August at 7.3%. The lowest inflation was in January at 1.1%.

Highest month
August: 7.3%
Lowest month
January: 1.1%
Difference
6.2 percentage points
Months with data
12 of 12

Historical Context

Inflation is 0.8 percentage points higher than the 5-year average of 3.8%.

5-year average
3.8%
10-year average
4.2%
All-time high (1963)
6.4%
All-time low (1964)
1.1%

Trend

Over the period 1963-1965, inflation shows a downward trend. Compared to 1964, inflation has risen by 3.5 percentage points.

Change vs. previous year
+3.5 percentage points
Largest monthly swing
August: +6.1 percentage points

ECB Target

Inflation is 2.6 percentage points 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 TRY 100 this year will cost approximately TRY 104.60 next year at this inflation rate.

Multi-year trend

Monthly figures 1965

Inflation by category

Food and non-alcoholic beverages
5.9%
+1.3 vs avg.

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1964
January 1.1% -3.2
February 3.0% +1.1
March 3.1% +3.1
April 4.2% +4.2
May 3.4% +2.3
June 4.2% +3.4
July 5.8% +5.8
August 7.3% +6.1
September 6.5% +5.3
October 5.7% +5.3
November 4.9% +3.8
December 5.6% +4.1
Average 4.6%

Data source

Data from OECD. Last updated: 02/07/2026.

See also