US EditionTurkey Inflation Falls to 30.9% in December From 44%
Turkey will revise its consumer price index methodology in January 2026 to address persistent inflation above 30%, with annual inflation falling from 58.5% in 2024 to 34.9% in 2025.
- On January 5, the Turkish Statistical Institute reported Turkey's annual inflation slowed to 30.9% in December, down from 31.07% in November and matching the central bank's forecast.
- The Turkish Statistical Institute plans to implement a base-year update to 2025 and methodological changes with the January 2026 data, aligned with Eurostat guidance.
- Month‑on‑month, prices rose 2.11% in December, and over the past year education rose 66%, housing 49.5%, food 28.3%, and healthcare 30.1%, TUIK showed.
- Last month the central bank cut its benchmark rate to 38%, the MPC will meet on January 22, and another 100-150bp cut per meeting is expected.
- Critics note widespread concern about official data reliability, ENAG says inflation was 56.14% in December, while markets show five-year CDS testing 200 and strong eurobond auctions.
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12 Articles
Turkiye’s CPI for clothing-footwear up 6.5% YoY in Dec 2025
Turkiye’s CPI increased by 30.89 per cent YoY and 0.89 per cent month on month (MoM) in December 2025, according to the Turkish Statistical Institute. It increased by 30.89 per cent on the December 2024 figure and on a twelve-months moving averages basis, it rose by 34.88 per cent in the month. The clothing-footwear CPI rose by 6.5 per cent YoY and decreased by 2.94 per cent MoM in the month.Turkiye’s CPI increased by 30.89 per cent YoY and 0.89…
The Consumer Price Index (CPI) of December 2025 recorded a slight negative variation of –0.09%, closing the year with accumulated inflation of 3.65%, one of the lowest in recent decades. Behind this result is the behavior of three key items of the basket: Food and non-alcoholic beverages, Housing, water, electricity, gas and other fuels and Transport, which had negative incidences and contributed decisively to the fall of the general index. Food…
According to TUIK, consumer inflation was 0.89 percent on a monthly basis and 30.89 percent on an annual basis. The rent ceiling increase rate was set at 34.88 percent.
The January 2026 rent increase rate has been announced. December inflation figures were released today, clarifying the January rent increase rate. At this point, landlords and tenants renewing their contracts this month are searching for answers to the question, "What is the CPI-based rent increase for January, what percentage?" As is known, the rent increase rate is calculated based on the Consumer Price Index (CPI) data released by the Turkish…
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