Turkey’s Inflation Hits 30% at End of 2025 Amid Slower Monthly Rise
According to the Economic Desk of Webangah News Agency, Turkey’s inflation rate stood at 30% at the close of 2025, reflecting a 13% annual reduction compared to the previous year. The Central Bank of Turkey’s December review revealed that monthly inflation rose by just 1.08%, substantially lower than market projections.
Food, housing, and education emerged as primary inflation drivers. TurkStat reported annual price increases of 28.31% for food and non-alcoholic beverages, 28.44% for transportation, and 49.45% for housing within the three highest-weighted expenditure categories. Monthly figures showed a 1.99% rise for food and non-alcoholic beverages, a 1.03% decline in transportation costs, and a 1.39% increase in housing expenses.
Core inflation, excluding energy, food, non-alcoholic beverages, alcoholic drinks, tobacco, and gold, reached 0.62% month-on-month in December, pushing the annual rate to 31.08%.
Separate TurkStat data indicated a 0.75% monthly rise in producer prices during December, elevating the annual increase to 27.67%.
Analysts suggest these figures may provide relief ahead of the Central Bank’s upcoming policy decision on January 22. A December central bank survey showed market participants anticipating a 100-basis-point interest rate cut, though the better-than-expected results now support potential for more aggressive rate reductions.
