Inflation Turkey 1993
Average inflation: 65.6%
Inflation in 1993
Inflation is very high at 65.6%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 73.1%. The lowest inflation was in March at 58.0%.
- Highest month
- July: 73.1%
- Lowest month
- March: 58.0%
- Difference
- 15.1 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 0.5 percentage points higher than the 5-year average of 65.1%.
- 5-year average
- 65.1%
- 10-year average
- 56.1%
- All-time high (1980)
- 97.1%
- All-time low (1976)
- 17.4%
Trend
Over the period 1991-1993, inflation has remained relatively stable. Compared to 1992, inflation has fallen by 5.0 percentage points.
- Change vs. previous year
- -5.0 percentage points
- Largest monthly swing
- March: -20.7 percentage points
ECB Target
Inflation is 63.6 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 165.60 next year at this inflation rate.
Multi-year trend
Monthly figures 1993
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1992 |
|---|---|---|
| January | 59.8% | -18.7 |
| February | 58.2% | -19.6 |
| March | 58.0% | -20.7 |
| April | 59.0% | -15.0 |
| May | 65.0% | -4.9 |
| June | 67.2% | +1.4 |
| July | 73.1% | +7.3 |
| August | 71.2% | +5.7 |
| September | 68.2% | +0.5 |
| October | 67.2% | -2.0 |
| November | 69.6% | +1.0 |
| December | 71.1% | +5.1 |
| Average | 65.6% |
Data source
Data from OECD. Last updated: 19/12/2025.