Inflation Turkey 2001

Average inflation: 53.5%

Current Inflation

Inflation is very high at 53.5%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 68.5%. The lowest inflation was in February at 33.4%.

Highest month
December: 68.5%
Lowest month
February: 33.4%
Difference
35.1 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 48.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of 48.2%.

Highest increase
Food and non-alcoholic beverages: 48.2%
Lowest increase
Food and non-alcoholic beverages: 48.2%

Historical Context

Current inflation is 15.7% lower than the 5-year average of 69.2%.

5-year average
69.2%
10-year average
75.8%
All-time high (1994)
103.2%
All-time low (1982)
29.3%

Trend

Inflation shows a downward trend. Compared to 2000, inflation has fallen by +2.9 percentage point.

Change vs. previous year
-2.9 percentage points
Largest monthly swing
February: -36.3 percentage points

ECB Target

Inflation is 51.5% 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 €153.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2001

Inflation by category

Food and non-alcoholic beverages
48.2%
-5.3vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2000
January 35.9% -33.0
February 33.4% -36.3
March 37.5% -30.4
April 48.3% -15.5
May 52.4% -10.3
June 56.1% -2.5
July 56.3% +0.1
August 57.5% +4.3
September 61.8% +12.8
October 66.5% +22.1
November 67.3% +23.5
December 68.5% +29.5
Average 53.5%

Data source

Data from OECD. Last updated: 19/12/2025.

See also