Inflation Turkey 1980

Average inflation: 97.1%

Inflation in 1980

Inflation is very high at 97.1%, far above the ECB target.

Peak and Trough

The highest inflation was in March at 120.1%. The lowest inflation was in December at 75.1%.

Highest month
March: 120.1%
Lowest month
December: 75.1%
Difference
45.0 percentage points
Months with data
12 of 12

Historical Context

Inflation is 44.3 percentage points higher than the 5-year average of 52.8%. This approaches the highest level since records began (97.1% in 1980).

5-year average
52.8%
10-year average
35.8%
All-time high (1980)
97.1%
All-time low (1964)
1.1%

Trend

Over the period 1978-1980, inflation shows an upward trend. Compared to 1979, inflation has risen by 35.0 percentage points.

Change vs. previous year
+35.0 percentage points
Largest monthly swing
March: +72.1 percentage points

ECB Target

Inflation is 95.1 percentage points 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 TRY 100 this year will cost approximately TRY 197.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1980

Inflation by category

Food and non-alcoholic beverages
109.7%
+12.6 vs avg.

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

Month overview

Month Inflation Difference vs. 1979
January 96.2% +44.7
February 117.4% +70.3
March 120.1% +72.1
April 117.4% +66.4
May 114.5% +64.6
June 101.4% +41.8
July 89.2% +22.1
August 88.2% +18.6
September 86.7% +16.9
October 82.7% +9.5
November 76.2% -0.4
December 75.1% -6.7
Average 97.1%

Data source

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

See also