Inflation Turkey 1979

Average inflation: 62.1%

Current Inflation

Inflation is very high at 62.1%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 81.8%. The lowest inflation was in February at 47.1%.

Highest month
December: 81.8%
Lowest month
February: 47.1%
Difference
34.7 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 54.1%. The lowest price increase was in Food and non-alcoholic beverages with an average of 54.1%.

Highest increase
Food and non-alcoholic beverages: 54.1%
Lowest increase
Food and non-alcoholic beverages: 54.1%

Historical Context

Current inflation is 24.4% higher than the 5-year average of 37.7%. This approaches the highest level since records began (62.1% in 1979).

5-year average
37.7%
10-year average
26.9%
All-time high (1979)
62.1%
All-time low (1964)
1.1%

Trend

Inflation shows an upward trend. Compared to 1978, inflation has risen by +0.1 percentage point.

Change vs. previous year
+0.1 percentage points
Largest monthly swing
December: +27.8 percentage points

ECB Target

Inflation is 60.1% 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 €162.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1979

Inflation by category

Food and non-alcoholic beverages
54.1%
-8.0vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1978
January 51.5% -0.1
February 47.1% -10.1
March 48.0% -8.2
April 51.0% -8.0
May 49.9% -14.7
June 59.6% -10.6
July 67.1% -3.4
August 69.6% -2.1
September 69.8% +2.6
October 73.2% +9.8
November 76.6% +18.6
December 81.8% +27.8
Average 62.1%

Data source

Data from OECD. Last updated: 19/12/2025.

See also