Inflation Turkey 1997
Average inflation: 84.5%
Current Inflation
Inflation is very high at 84.5%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 99.1%. The lowest inflation was in January at 75.7%.
- Highest month
- December: 99.1%
- Lowest month
- January: 75.7%
- Difference
- 23.4 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 89.1%. The lowest price increase was in Food and non-alcoholic beverages with an average of 89.1%.
- Highest increase
- Food and non-alcoholic beverages: 89.1%
- Lowest increase
- Food and non-alcoholic beverages: 89.1%
Historical Context
Current inflation is 0.7% lower than the 5-year average of 85.2%.
- 5-year average
- 85.2%
- 10-year average
- 75.5%
- All-time high (1994)
- 103.2%
- All-time low (1982)
- 29.3%
Trend
Inflation shows a downward trend. Compared to 1996, inflation has fallen by +4.1 percentage point.
- Change vs. previous year
- +4.1 percentage points
- Largest monthly swing
- December: +19.3 percentage points
ECB Target
Inflation is 82.5% 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 €184.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1997
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1996 |
|---|---|---|
| January | 75.7% | -2.4 |
| February | 77.7% | +0.2 |
| March | 77.3% | -2.0 |
| April | 77.2% | -3.6 |
| May | 77.5% | -5.4 |
| June | 78.0% | -4.9 |
| July | 85.2% | +4.0 |
| August | 87.0% | +4.3 |
| September | 89.9% | +10.6 |
| October | 93.2% | +13.6 |
| November | 95.8% | +15.4 |
| December | 99.1% | +19.3 |
| Average | 84.5% |
Data source
Data from OECD. Last updated: 19/12/2025.