Inflation Turkey 1984
Average inflation: 48.0%
Current Inflation
Inflation is very high at 48.0%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 56.1%. The lowest inflation was in February at 34.8%.
- Highest month
- August: 56.1%
- Lowest month
- February: 34.8%
- Difference
- 21.3 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 61.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of 61.9%.
- Highest increase
- Food and non-alcoholic beverages: 61.9%
- Lowest increase
- Food and non-alcoholic beverages: 61.9%
Historical Context
Current inflation is 0.8% lower than the 5-year average of 48.8%.
- 5-year average
- 48.8%
- 10-year average
- 43.3%
- All-time high (1980)
- 97.1%
- All-time low (1965)
- 4.6%
Trend
Inflation shows an upward trend. Compared to 1983, inflation has risen by +16.8 percentage point.
- Change vs. previous year
- +16.8 percentage points
- Largest monthly swing
- June: +26.5 percentage points
ECB Target
Inflation is 46.0% 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 €148.00 next year at this inflation rate.
Multi-year trend
Monthly figures 1984
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1983 |
|---|---|---|
| January | 36.1% | +7.2 |
| February | 34.8% | +5.6 |
| March | 36.2% | +7.3 |
| April | 42.6% | +13.1 |
| May | 48.5% | +18.5 |
| June | 56.0% | +26.5 |
| July | 55.9% | +26.4 |
| August | 56.1% | +25.3 |
| September | 54.3% | +23.3 |
| October | 53.0% | +18.7 |
| November | 53.1% | +17.0 |
| December | 49.7% | +12.6 |
| Average | 48.0% |
Data source
Data from OECD. Last updated: 19/12/2025.