Inflation Turkey 1983
Average inflation: 31.2%
Inflation in 1983
Inflation is very high at 31.2%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 37.1%. The lowest inflation was in January at 28.9%.
- Highest month
- December: 37.1%
- Lowest month
- January: 28.9%
- Difference
- 8.2 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 20.5 percentage points lower than the 5-year average of 51.7%.
- 5-year average
- 51.7%
- 10-year average
- 40.9%
- All-time high (1980)
- 97.1%
- All-time low (1964)
- 1.1%
Trend
Over the period 1981-1983, inflation shows a downward trend. Compared to 1982, inflation has risen by 1.9 percentage points.
- Change vs. previous year
- +1.9 percentage points
- Largest monthly swing
- November: +9.4 percentage points
ECB Target
Inflation is 29.2 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 131.20 next year at this inflation rate.
Multi-year trend
Monthly figures 1983
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1982 |
|---|---|---|
| January | 28.9% | -1.3 |
| February | 29.2% | -2.0 |
| March | 28.9% | -4.4 |
| April | 29.5% | -4.3 |
| May | 30.0% | -0.7 |
| June | 29.5% | +1.7 |
| July | 29.5% | +2.1 |
| August | 30.8% | +2.8 |
| September | 31.0% | +5.0 |
| October | 34.3% | +7.8 |
| November | 36.1% | +9.4 |
| December | 37.1% | +7.5 |
| Average | 31.2% |
Data source
Data from OECD. Last updated: 19/12/2025.