Inflation Turkey 1999
Average inflation: 64.8%
Inflation in 1999
Inflation is very high at 64.8%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 68.8%. The lowest inflation was in May at 63.0%.
- Highest month
- December: 68.8%
- Lowest month
- May: 63.0%
- Difference
- 5.8 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 17.0 percentage points lower than the 5-year average of 81.8%.
- 5-year average
- 81.8%
- 10-year average
- 77.4%
- All-time high (1994)
- 103.2%
- All-time low (1982)
- 29.3%
Trend
Over the period 1997-1999, inflation shows a downward trend. Compared to 1998, inflation has fallen by 21.9 percentage points.
- Change vs. previous year
- -21.9 percentage points
- Largest monthly swing
- January: -35.7 percentage points
ECB Target
Inflation is 62.8 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 164.80 next year at this inflation rate.
Multi-year trend
Monthly figures 1999
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1998 |
|---|---|---|
| January | 65.9% | -35.7 |
| February | 63.9% | -35.4 |
| March | 63.5% | -33.7 |
| April | 63.9% | -29.7 |
| May | 63.0% | -28.4 |
| June | 64.3% | -26.3 |
| July | 65.0% | -20.3 |
| August | 65.4% | -16.0 |
| September | 64.3% | -16.1 |
| October | 64.7% | -11.9 |
| November | 64.6% | -8.2 |
| December | 68.8% | -0.9 |
| Average | 64.8% |
Data source
Data from OECD. Last updated: 19/12/2025.