Turkey Inflation Rate — 2026 CPI Data, Trend & Outlook
Turkey's inflation rate was 32.61% in May 2026, up from 32.37% the previous month. A year earlier it stood at 35.41%.
Turkey's inflation rate stands at 32.61% as of May 2026. Over the latest readings, the inflation rate has moved within a band of 6.57% to 85.51%. The most recent figure of 32.61% is up from 32.37% a month earlier, and is 2.79% lower than a year ago.
The trend
Among the 193 economies tracked on this platform, Turkey ranks #8 on inflation rate by latest value. It rose from 32.37% in the previous month, and compares with a year-earlier 35.41%.
What's driving it
Inflation is shaped by energy and food prices, the exchange rate, wage growth and the stance of monetary policy; central banks lift interest rates to cool it and ease when it falls back toward target.
Recent readings
| Period | Inflation rate |
|---|---|
| May 2026 | 32.61% |
| Apr 2026 | 32.37% |
| Mar 2026 | 30.87% |
| Feb 2026 | 31.53% |
| Jan 2026 | 30.65% |
| Dec 2025 | 30.89% |
| Nov 2025 | 31.07% |
| Oct 2025 | 32.87% |
Data: Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the Inflation Rate in Turkey Right Now (2026)?
Turkey's inflation rate was 32.61% in May 2026, up from 32.37% the previous month. A year earlier it stood at 35.41%.
Is the inflation rate rising or falling in Turkey?
It rose in the latest reading — 32.61% in May 2026 versus 32.37% a month earlier. Year on year it is lower.
What is inflation rate?
It measures how fast consumer prices are rising, measured by the consumer price index (CPI).