Inflation Turkey 1972
Average inflation: 15.7%
Current Inflation
Inflation is very high at 15.7%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 21.9%. The lowest inflation was in November at 10.5%.
- Highest month
- January: 21.9%
- Lowest month
- November: 10.5%
- Difference
- 11.4 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 13.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of 13.2%.
- Highest increase
- Food and non-alcoholic beverages: 13.2%
- Lowest increase
- Food and non-alcoholic beverages: 13.2%
Historical Context
Current inflation is 5.0% higher than the 5-year average of 10.7%.
- 5-year average
- 10.7%
- 10-year average
- 8.8%
- All-time high (1971)
- 18.9%
- All-time low (1964)
- 1.1%
Trend
Inflation shows an upward trend. Compared to 1971, inflation has risen by -3.2 percentage point.
- Change vs. previous year
- -3.2 percentage points
- Largest monthly swing
- October: -14.3 percentage points
ECB Target
Inflation is 13.7% 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 €115.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1972
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1971 |
|---|---|---|
| January | 21.9% | +12.3 |
| February | 20.6% | +8.9 |
| March | 19.6% | +7.0 |
| April | 17.4% | +2.6 |
| May | 17.8% | +2.6 |
| June | 19.6% | +3.6 |
| July | 14.8% | -8.1 |
| August | 12.1% | -13.0 |
| September | 12.0% | -13.4 |
| October | 11.0% | -14.3 |
| November | 10.5% | -14.3 |
| December | 11.0% | -12.4 |
| Average | 15.7% |
Data source
Data from OECD. Last updated: 19/12/2025.