Inflation Turkey 1968
Average inflation: 6.1%
Current Inflation
Inflation is very high at 6.1%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 8.9%. The lowest inflation was in May at 4.1%.
- Highest month
- January: 8.9%
- Lowest month
- May: 4.1%
- Difference
- 4.8 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 5.3%. The lowest price increase was in Food and non-alcoholic beverages with an average of 5.3%.
- Highest increase
- Food and non-alcoholic beverages: 5.3%
- Lowest increase
- Food and non-alcoholic beverages: 5.3%
Historical Context
Current inflation is 0.8% lower than the 5-year average of 6.9%.
- 5-year average
- 6.9%
- 10-year average
- 6%
- All-time high (1967)
- 14%
- All-time low (1964)
- 1.1%
Trend
Inflation shows a downward trend. Compared to 1967, inflation has fallen by +7.9 percentage point.
- Change vs. previous year
- -7.9 percentage points
- Largest monthly swing
- June: -13.3 percentage points
ECB Target
Inflation is 4.1% 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 €106.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1968
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1967 |
|---|---|---|
| January | 8.9% | -3.1 |
| February | 7.2% | -5.0 |
| March | 5.6% | -4.6 |
| April | 5.7% | -4.1 |
| May | 4.1% | -9.1 |
| June | 4.6% | -13.3 |
| July | 5.4% | -12.1 |
| August | 7.0% | -8.6 |
| September | 6.6% | -8.6 |
| October | 6.9% | -9.3 |
| November | 5.3% | -10.5 |
| December | 5.6% | -6.9 |
| Average | 6.1% |
Data source
Data from OECD. Last updated: 19/12/2025.