Inflation Turkey 2019
Average inflation: 15.5%
Current Inflation
Inflation is very high at 15.5%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 20.4%. The lowest inflation was in October at 8.6%.
- Highest month
- January: 20.4%
- Lowest month
- October: 8.6%
- Difference
- 11.8 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 24.2%. The lowest price increase was in Clothing and footwear with an average of 5.9%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 24.2%
- Lowest increase
- Clothing and footwear: 5.9%
Historical Context
Current inflation is 3.9% higher than the 5-year average of 11.6%.
- 5-year average
- 11.6%
- 10-year average
- 9.9%
- All-time high (2000)
- 56.4%
- All-time low (2009)
- 6.3%
Trend
Inflation shows an upward trend. Compared to 2018, inflation has risen by -0.7 percentage point.
- Change vs. previous year
- -0.7 percentage points
- Largest monthly swing
- October: -16.6 percentage points
ECB Target
Inflation is 13.5% 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 €115.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 20.4% | +10.1 |
| February | 19.7% | +9.4 |
| March | 19.7% | +9.5 |
| April | 19.5% | +8.7 |
| May | 18.7% | +6.6 |
| June | 15.7% | +0.3 |
| July | 16.6% | +0.8 |
| August | 15.0% | -2.9 |
| September | 9.3% | -15.2 |
| October | 8.6% | -16.6 |
| November | 10.6% | -11.0 |
| December | 11.8% | -8.5 |
| Average | 15.5% |
Data source
Data from OECD. Last updated: 13/01/2026.