Inflation Turkey 1996
Average inflation: 80.4%
Current Inflation
Inflation is very high at 80.4%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 82.9%. The lowest inflation was in February at 77.5%.
- Highest month
- May: 82.9%
- Lowest month
- February: 77.5%
- Difference
- 5.4 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 71.8%. The lowest price increase was in Food and non-alcoholic beverages with an average of 71.8%.
- Highest increase
- Food and non-alcoholic beverages: 71.8%
- Lowest increase
- Food and non-alcoholic beverages: 71.8%
Historical Context
Current inflation is 2.0% lower than the 5-year average of 82.4%.
- 5-year average
- 82.4%
- 10-year average
- 70.9%
- All-time high (1994)
- 103.2%
- All-time low (1977)
- 25.6%
Trend
Inflation shows a downward trend. Compared to 1995, inflation has fallen by +12.0 percentage point.
- Change vs. previous year
- -12.0 percentage points
- Largest monthly swing
- January: -47.8 percentage points
ECB Target
Inflation is 78.4% 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 €180.40 next year at this inflation rate.
Multi-year trend
Monthly figures 1996
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1995 |
|---|---|---|
| January | 78.1% | -47.8 |
| February | 77.5% | -44.9 |
| March | 79.3% | -40.4 |
| April | 80.8% | -7.6 |
| May | 82.9% | +3.1 |
| June | 82.9% | +2.0 |
| July | 81.2% | +0.4 |
| August | 82.7% | -0.7 |
| September | 79.3% | -6.7 |
| October | 79.6% | -4.8 |
| November | 80.4% | -1.1 |
| December | 79.8% | +3.8 |
| Average | 80.4% |
Data source
Data from OECD. Last updated: 19/12/2025.