Cost of food in Turkey increased 16.51 percent in October of 2020 over the same month in the previous year. source: Turkish Statistical Institute

Food Inflation in Turkey averaged 10.70 percent from 2004 until 2020, reaching an all time high of 31.86 percent in April of 2019 and a record low of 1.38 percent in April of 2016. This page provides the latest reported value for - Turkey Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Food Inflation - values, historical data and charts - was last updated on December of 2020.

Food Inflation in Turkey is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Turkey to stand at 8.20 in 12 months time. In the long-term, the Turkey Food Inflation is projected to trend around 7.50 percent in 2021 and 8.00 percent in 2022, according to our econometric models.

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Turkey Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
16.51 14.95 31.86 1.38 2004 - 2020 percent Monthly
2003=100

Turkey Prices Last Previous Highest Lowest Unit
Inflation Rate 11.89 11.75 138.71 -4.01 percent [+]
Inflation Rate Mom 2.13 0.97 6.30 -1.44 percent [+]
Consumer Price Index CPI 487.38 477.21 487.38 94.77 points [+]
Core Consumer Prices 413.05 405.25 413.05 94.47 points [+]
Core Inflation Rate 11.48 11.32 24.34 2.50 percent [+]
GDP Deflator 199.50 153.70 199.50 59.40 points [+]
Producer Prices 533.44 515.13 533.44 0.01 points [+]
Producer Prices Change 18.20 14.33 139.90 -3.75 percent [+]
Export Prices 90.63 91.52 128.12 58.61 points [+]
Import Prices 85.50 84.54 127.41 45.77 points [+]
Food Inflation 16.51 14.95 31.86 1.38 percent [+]
Harmonised Consumer Prices 186.80 182.90 186.80 1.20 points [+]
Cpi Housing Utilities 525.13 514.76 525.13 96.79 points [+]
CPI Transportation 479.98 470.38 479.98 94.61 points [+]