Inflation Turkey 2006
Average inflation: 9.6%
Inflation in 2006
Inflation is very high at 9.6%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 11.7%. The lowest inflation was in January at 7.9%.
- Highest month
- July: 11.7%
- Lowest month
- January: 7.9%
- Difference
- 3.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 22.0%. The lowest price increase was in Clothing and footwear with an average of -0.2%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 22.0%
- Lowest increase
- Clothing and footwear: -0.2%
Historical Context
Inflation is 9.5 percentage points lower than the 5-year average of 19.1%.
- 5-year average
- 19.1%
- 10-year average
- 44.1%
- All-time high (1994)
- 103.2%
- All-time low (2005)
- 8.2%
Trend
Over the period 2004-2006, inflation has remained relatively stable. Compared to 2005, inflation has risen by 1.4 percentage points.
- Change vs. previous year
- +1.4 percentage points
- Largest monthly swing
- July: +3.9 percentage points
ECB Target
Inflation is 7.6 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 109.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2006
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2005 |
|---|---|---|
| January | 7.9% | -1.3 |
| February | 8.1% | -0.6 |
| March | 8.2% | +0.3 |
| April | 8.8% | +0.6 |
| May | 9.9% | +1.2 |
| June | 10.1% | +1.1 |
| July | 11.7% | +3.9 |
| August | 10.3% | +2.4 |
| September | 10.5% | +2.5 |
| October | 10.0% | +2.5 |
| November | 9.9% | +2.3 |
| December | 9.7% | +2.0 |
| Average | 9.6% |
Data source
Data from OECD. Last updated: 13/01/2026.