Inflation Turkey 2012
Average inflation: 8.9%
Inflation in 2012
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
Inflation is 0.8 percentage points 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
Over the period 2010-2012, inflation has remained relatively stable. Compared to 2011, inflation has risen by 2.4 percentage points.
- Change vs. previous year
- +2.4 percentage points
- Largest monthly swing
- April: +6.8 percentage points
ECB Target
Inflation is 6.9 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 108.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2012
Inflation by category
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.