The core consumer price inflation rate in Turkey, which excludes volatile items such as energy, food and non-alcoholic beverages, alcoholic beverages, tobacco and gold, jumped to an all-time high of 31.88 percent in December 2021, from 17.62 percent in the previous month. source: Turkish Statistical Institute

Core Inflation Rate in Turkey averaged 9.02 percent from 2004 until 2021, reaching an all time high of 31.88 percent in December of 2021 and a record low of 2.50 percent in October of 2010. This page provides the latest reported value for - Turkey Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Core Inflation Rate - values, historical data and charts - was last updated on January of 2022.

Core Inflation Rate in Turkey is expected to be 36.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Core Inflation Rate is projected to trend around 12.50 percent in 2023 and 9.50 percent in 2024, according to our econometric models.

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Turkey Core Inflation Rate

Related Last Previous Unit Reference
Inflation Rate 36.08 21.31 percent Dec/21
Inflation Rate Mom 13.58 3.51 percent Dec/21
Consumer Price Index CPI 686.95 604.84 points Dec/21
Core Inflation Rate 31.88 17.62 percent Dec/21
Core Consumer Prices 561.77 496.10 points Dec/21
GDP Deflator 213.50 186.30 points Sep/21
Producer Prices 1022.25 858.43 points Dec/21
Producer Prices Change 79.89 54.62 percent Dec/21
Export Prices 103.73 105.23 points Nov/21
Import Prices 127.05 132.87 points Nov/21
Food Inflation 43.80 27.11 percent Dec/21
CPI Transportation 791.13 615.69 points Dec/21
CPI Housing Utilities 686.80 656.84 points Dec/21
Turkey Core Inflation Rate
In Turkey, core consumer prices measure a broad rise or fall in prices that consumers pay for a standard basket of goods, excluding volatile items such as energy, food and non-alcoholic beverages, alcoholic beverages, tobacco and gold.