Inflation Turkey 2011
Average inflation: 6.5%
Current Inflation
Inflation is very high at 6.5%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 10.4%. The lowest inflation was in March at 4.0%.
- Highest month
- December: 10.4%
- Lowest month
- March: 4.0%
- Difference
- 6.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Miscellaneous goods and services with an average of 12.7%. The lowest price increase was in Communication with an average of 0.5%.
- Highest increase
- Miscellaneous goods and services: 12.7%
- Lowest increase
- Communication: 0.5%
Historical Context
Current inflation is 1.6% lower than the 5-year average of 8.1%. This approaches the lowest level since records began (6.3% in 2009).
- 5-year average
- 8.1%
- 10-year average
- 13.6%
- All-time high (1994)
- 103.2%
- All-time low (2009)
- 6.3%
Trend
Inflation has remained relatively stable. Compared to 2010, the difference is minimal (-2.1 percentage point).
- Change vs. previous year
- -2.1 percentage points
- Largest monthly swing
- February: -5.9 percentage points
ECB Target
Inflation is 4.5% 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 €106.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2011
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2010 |
|---|---|---|
| January | 4.9% | -3.3 |
| February | 4.2% | -5.9 |
| March | 4.0% | -5.6 |
| April | 4.3% | -5.9 |
| May | 7.2% | -1.9 |
| June | 6.2% | -2.2 |
| July | 6.3% | -1.3 |
| August | 6.7% | -1.6 |
| September | 6.2% | -3.0 |
| October | 7.7% | -0.9 |
| November | 9.5% | +2.2 |
| December | 10.4% | +4.0 |
| Average | 6.5% |
Data source
Data from OECD. Last updated: 11/01/2026.