Inflation Turkey 2015
Average inflation: 7.6%
Current Inflation
Inflation is very high at 7.6%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 8.8%. The lowest inflation was in July at 6.8%.
- Highest month
- December: 8.8%
- Lowest month
- July: 6.8%
- Difference
- 2.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Restaurants and hotels with an average of 13.4%. The lowest price increase was in Transport with an average of 1.5%.
- Highest increase
- Restaurants and hotels: 13.4%
- Lowest increase
- Transport: 1.5%
Historical Context
Current inflation is around the 5-year average of 7.9%.
- 5-year average
- 7.9%
- 10-year average
- 8.3%
- All-time high (1998)
- 86.7%
- All-time low (2009)
- 6.3%
Trend
Inflation has remained relatively stable. Compared to 2014, the difference is minimal (-1.3 percentage point).
- Change vs. previous year
- -1.3 percentage points
- Largest monthly swing
- July: -2.5 percentage points
ECB Target
Inflation is 5.6% 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 €107.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2015
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2014 |
|---|---|---|
| January | 7.2% | -0.6 |
| February | 7.5% | -0.4 |
| March | 7.6% | -0.8 |
| April | 7.9% | -1.5 |
| May | 8.1% | -1.6 |
| June | 7.2% | -2.0 |
| July | 6.8% | -2.5 |
| August | 7.1% | -2.4 |
| September | 7.9% | -1.0 |
| October | 7.6% | -1.4 |
| November | 8.1% | -1.1 |
| December | 8.8% | +0.6 |
| Average | 7.6% |
Data source
Data from OECD. Last updated: 11/01/2026.