Inflation Turkey 2005
Average inflation: 8.2%
Current Inflation
Inflation is very high at 8.2%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 9.2%. The lowest inflation was in October at 7.5%.
- Highest month
- January: 9.2%
- Lowest month
- October: 7.5%
- Difference
- 1.7 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 4.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of 4.9%.
- Highest increase
- Food and non-alcoholic beverages: 4.9%
- Lowest increase
- Food and non-alcoholic beverages: 4.9%
Historical Context
Current inflation is 19.7% lower than the 5-year average of 27.9%. This approaches the lowest level since records began (8.2% in 2005).
- 5-year average
- 27.9%
- 10-year average
- 51.2%
- All-time high (1994)
- 103.2%
- All-time low (2005)
- 8.2%
Trend
Inflation shows a downward trend. Compared to 2004, inflation has fallen by +0.4 percentage point.
- Change vs. previous year
- -0.4 percentage points
- Largest monthly swing
- June: +1.9 percentage points
ECB Target
Inflation is 6.2% 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 €108.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2005
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2004 |
|---|---|---|
| January | 9.2% | -1.4 |
| February | 8.7% | -0.8 |
| March | 7.9% | -0.5 |
| April | 8.2% | +0.3 |
| May | 8.7% | +1.4 |
| June | 9.0% | +1.9 |
| July | 7.8% | 0.0 |
| August | 7.9% | -0.5 |
| September | 8.0% | 0.0 |
| October | 7.5% | -1.9 |
| November | 7.6% | -1.9 |
| December | 7.7% | -1.7 |
| Average | 8.2% |
Data source
Data from OECD. Last updated: 19/12/2025.