Inflation Turkey 2012

Average inflation: 8.9%

Current Inflation

Inflation is very high at 8.9%, far above the ECB target.

Peak and Trough

The highest inflation was in April at 11.1%. The lowest inflation was in December at 6.2%.

Highest month
April: 11.1%
Lowest month
December: 6.2%
Difference
4.9 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 14.5%. The lowest price increase was in Health with an average of 1.4%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 14.5%
Lowest increase
Health: 1.4%

Historical Context

Current inflation is 0.8% higher than the 5-year average of 8.1%.

5-year average
8.1%
10-year average
9.8%
All-time high (1994)
103.2%
All-time low (2009)
6.3%

Trend

Inflation has remained relatively stable. Compared to 2011, the difference is minimal (+2.4 percentage point).

Change vs. previous year
+2.4 percentage points
Largest monthly swing
April: +6.8 percentage points

ECB Target

Inflation is 6.9% 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 €108.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2012

Inflation by category

Food and non-alcoholic beverages
8.5%
-0.4vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
14.5%
+5.6vs avg.
More details →
Clothing and footwear
8.2%
-0.7vs avg.
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Housing, water, electricity, gas and other fuels
11.5%
+2.6vs avg.
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Furnishings, household equipment and maintenance
9.2%
+0.3vs avg.
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Health
1.4%
-7.5vs avg.
More details →
Transport
7.7%
-1.2vs avg.
More details →
Communication
3.2%
-5.7vs avg.
More details →
Recreation and culture
5.6%
-3.3vs avg.
More details →
Education
6.0%
-2.9vs avg.
More details →
Restaurants and hotels
9.1%
+0.2vs avg.
More details →
Miscellaneous goods and services
13.2%
+4.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2011
January 10.6% +5.7
February 10.4% +6.2
March 10.4% +6.4
April 11.1% +6.8
May 8.3% +1.1
June 8.9% +2.7
July 9.1% +2.8
August 8.9% +2.2
September 9.2% +3.0
October 7.8% +0.1
November 6.4% -3.1
December 6.2% -4.2
Average 8.9%

Data source

Data from OECD. Last updated: 13/01/2026.

See also