Turkey inflation rate for 2024 was 58.51%, a 4.65% increase from 2023.
Turkey inflation rate for 2023 was 53.86%, a 18.45% decline from 2022.
Turkey inflation rate for 2022 was 72.31%, a 52.71% increase from 2021.
Turkey inflation rate for 2021 was 19.60%, a 7.32% increase from 2020.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. The full historical dataset is available for download here: Turkey Inflation Rate | Historical Data | 1960 - 2024.