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, picked up to 17.48 percent in June 2021, from 16.99 percent in the previous month. source: Turkish Statistical Institute

Core Inflation Rate in Turkey averaged 8.72 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 July of 2021.

Core Inflation Rate in Turkey is expected to be 15.60 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 8.30 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
17.48 16.99 24.34 2.50 2004 - 2021 percent Monthly
2003=100

Turkey Prices Last Previous Highest Lowest Unit
Inflation Rate 17.53 16.59 138.71 -4.01 percent [+]
Inflation Rate Mom 1.94 0.89 6.30 -1.44 percent [+]
Consumer Price Index CPI 547.48 537.05 547.48 94.77 points [+]
Core Consumer Prices 462.40 450.92 462.40 94.47 points [+]
Core Inflation Rate 17.48 16.99 24.34 2.50 percent [+]
GDP Deflator 172.60 203.80 203.80 59.40 points [+]
Producer Prices 693.54 666.79 693.54 0.01 points [+]
Producer Prices Change 42.89 38.33 139.90 -3.75 percent [+]
Export Prices 102.41 100.77 128.12 58.61 points [+]
Import Prices 111.76 110.43 127.41 45.77 points [+]
Food Inflation 19.99 17.04 31.86 1.38 percent [+]
Harmonised Consumer Prices 209.82 205.82 209.82 1.20 points [+]
Cpi Housing Utilities 573.70 567.03 573.70 96.79 points [+]
CPI Transportation 560.71 545.51 560.71 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.