Core consumer prices in Turkey increased 16.21 percent in February of 2021 over the same month in the previous year. source: Turkish Statistical Institute

Core Inflation Rate in Turkey averaged 8.55 percent from 2004 until 2021, reaching an all time high of 24.34 percent in October of 2018 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 March of 2021.

Core Inflation Rate in Turkey is expected to be 12.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Turkey to stand at 9.40 in 12 months time. In the long-term, the Turkey Core Inflation Rate is projected to trend around 7.00 percent in 2022 and 4.80 percent in 2023, according to our econometric models.

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Turkey Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
16.21 15.50 24.34 2.50 2004 - 2021 percent Monthly
2003=100

Turkey Prices Last Previous Highest Lowest Unit
Inflation Rate 15.61 14.97 138.71 -4.01 percent [+]
Inflation Rate Mom 0.91 1.68 6.30 -1.44 percent [+]
Consumer Price Index CPI 517.96 513.30 517.96 94.77 points [+]
Core Consumer Prices 432.69 430.81 432.69 94.47 points [+]
Core Inflation Rate 16.21 15.50 24.34 2.50 percent [+]
GDP Deflator 203.80 198.70 203.80 59.40 points [+]
Producer Prices 590.52 583.38 590.52 0.01 points [+]
Producer Prices Change 27.09 26.16 139.90 -3.75 percent [+]
Export Prices 93.97 91.34 128.12 58.61 points [+]
Import Prices 89.63 86.83 127.41 45.77 points [+]
Food Inflation 18.40 18.11 31.86 1.38 percent [+]
Harmonised Consumer Prices 193.48 191.09 193.48 1.20 points [+]
Cpi Housing Utilities 553.60 550.29 553.60 96.79 points [+]
CPI Transportation 523.15 520.65 523.15 94.61 points [+]


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.