Inflation Turkey 2026
Average inflation: 31.5%
Inflation in 2026
Inflation is very high at 31.5%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 32.6%. The lowest inflation was in September at 29.7%.
- Highest month
- May: 32.6%
- Lowest month
- September: 29.7%
- Difference
- 2.9 percentage points
- Months with data
- 9 of 12
Category Insights
The highest price increase was in Education with an average of 51.7%. The lowest price increase was in Clothing and footwear with an average of 11.3%.
- Highest increase
- Education: 51.7%
- Lowest increase
- Clothing and footwear: 11.3%
Historical Context
Inflation is 18.9 percentage points lower than the 5-year average of 50.4%.
- 5-year average
- 50.4%
- 10-year average
- 32.7%
- All-time high (2022)
- 72%
- All-time low (2009)
- 6.3%
Trend
Over the period 2024-2026, inflation shows a downward trend. Compared to 2025, inflation has fallen by 3.7 percentage points.
- Change vs. previous year
- -3.7 percentage points
- Largest monthly swing
- January: -11.4 percentage points
ECB Target
Inflation is 29.5 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 131.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2026
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2025 |
|---|---|---|
| January | 30.7% | -11.4 |
| February | 31.5% | -7.6 |
| March | 30.9% | -7.2 |
| April | 32.4% | -5.5 |
| May | 32.6% | -2.8 |
| June | 32.1% | -2.9 |
| July | 31.8% | -1.7 |
| August | 31.5% | -1.5 |
| September | 29.7% | -3.6 |
| Average | 31.5% |
Data source
Data from OECD. Last updated: 26/10/2026. Not all months available yet.