Inflation Turkey 1977
Average inflation: 25.6%
Current Inflation
Inflation is very high at 25.6%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 46.8%. The lowest inflation was in February at 15.3%.
- Highest month
- December: 46.8%
- Lowest month
- February: 15.3%
- Difference
- 31.5 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 29.3%. The lowest price increase was in Food and non-alcoholic beverages with an average of 29.3%.
- Highest increase
- Food and non-alcoholic beverages: 29.3%
- Lowest increase
- Food and non-alcoholic beverages: 29.3%
Historical Context
Current inflation is 5.1% higher than the 5-year average of 20.5%. This approaches the highest level since records began (25.6% in 1977).
- 5-year average
- 20.5%
- 10-year average
- 15.6%
- All-time high (1977)
- 25.6%
- All-time low (1964)
- 1.1%
Trend
Inflation shows an upward trend. Compared to 1976, inflation has risen by +8.2 percentage point.
- Change vs. previous year
- +8.2 percentage points
- Largest monthly swing
- November: +27.5 percentage points
ECB Target
Inflation is 23.6% 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 €125.60 next year at this inflation rate.
Multi-year trend
Monthly figures 1977
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1976 |
|---|---|---|
| January | 16.0% | -3.3 |
| February | 15.3% | -1.5 |
| March | 16.9% | +1.3 |
| April | 18.1% | +2.7 |
| May | 19.5% | +4.5 |
| June | 18.7% | +2.0 |
| July | 22.1% | +4.6 |
| August | 22.7% | +4.0 |
| September | 29.3% | +10.0 |
| October | 36.6% | +18.3 |
| November | 44.9% | +27.5 |
| December | 46.8% | +27.5 |
| Average | 25.6% |
Data source
Data from OECD. Last updated: 19/12/2025.