Cost of food in Turkey increased 17.04 percent in May of 2021 over the same month in the previous year. source: Turkish Statistical Institute

Food Inflation in Turkey averaged 10.96 percent from 2004 until 2021, 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 June of 2021.

Food Inflation in Turkey is expected to be 16.60 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 12.40 in 12 months time. In the long-term, the Turkey Food Inflation is projected to trend around 8.00 percent in 2022 and 5.50 percent in 2023, according to our econometric models.

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Turkey Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
17.04 16.98 31.86 1.38 2004 - 2021 percent Monthly
2003=100

Turkey Prices Last Previous Highest Lowest Unit
Inflation Rate 16.59 17.14 138.71 -4.01 percent [+]
Inflation Rate Mom 0.89 1.68 6.30 -1.44 percent [+]
Consumer Price Index CPI 537.05 532.32 537.05 94.77 points [+]
Core Consumer Prices 450.92 446.42 450.92 94.47 points [+]
Core Inflation Rate 16.99 17.77 24.34 2.50 percent [+]
GDP Deflator 172.60 203.80 203.80 59.40 points [+]
Producer Prices 666.79 641.63 666.79 0.01 points [+]
Producer Prices Change 38.33 35.17 139.90 -3.75 percent [+]
Export Prices 100.77 99.95 128.12 58.61 points [+]
Import Prices 110.43 109.88 127.41 45.77 points [+]
Food Inflation 17.04 16.98 31.86 1.38 percent [+]
Harmonised Consumer Prices 200.65 198.50 200.65 1.20 points [+]
Cpi Housing Utilities 567.03 562.76 567.03 96.79 points [+]
CPI Transportation 545.51 531.90 545.51 94.61 points [+]