Turkey Inflation Rate Overview - February 2025

In February 2025, Turkey’s annual inflation rate decreased to 39.05%, down from 42.12% in January and below the expected 39.90%. This marks the ninth consecutive month of easing inflation, with February's figure being the lowest since June 2023. Prices moderated across most sub-indices, particularly for food and non-alcoholic beverages, which saw a decline to 35.11% from 41.76% in January.

Other sectors also saw inflation easing:

• Clothing and Footwear: 20.84% (down from 27.53%)
• Furnishings, Household Equipment, and Routine Maintenance: 33.60% (down from 35.32%)
• Health: 43.02% (down from 55.02%)
• Recreation and Culture: 29.26% (down from 33.05%)
• Hotels, Cafes, and Restaurants: 45.90% (down from 49.18%)

Historical Data on Turkey Inflation Rate
From 1965 to 2025, Turkey's inflation rate has averaged 35.41%, with the highest inflation recorded at 138.71% in May 1980 and the lowest at -4.01% in June 1968. The latest update on Turkey’s inflation rate, along with historical data, charts, and forecasts, was released in March 2025.

Forecast for Turkey Inflation Rate
Turkey's inflation rate is expected to remain around 40.00% by the end of this quarter, according to global macroeconomic models and analysts' expectations. Long-term projections suggest a decline to around 12.00% in 2026 and 8.00% by 2027. These predictions are based on econometric models, offering insights into Turkey’s future inflation trends.

Stay updated on Turkey’s inflation data and forecast with the latest insights and analysis on price trends and economic indicators.