Core inflation · Turkey

Turkey Core Inflation Rate MoM

The Turkey Core Inflation Rate MoM measures the rise in consumer prices in Turkey without the most volatile items, usually food and energy (definitions vary by country).

Importancia
Low
Próxima publicación
Divisa
TRY · Turkish lira
Banco central
The Central Bank of the Republic of Türkiye
Mueve
EURTRY · USDTRY

Últimas cifras

El último dato, de OCT, se publicó el 2026-11-03 y fue 2.07%. Es menos que 2.14% la vez anterior.

PublicadoParaRealConsensoAnterior
3 Nov 2026OCT2.07%–2.14%

Verlo en el calendario económico →

Por qué importa

Food and energy prices jump with harvests and oil, then fall back. The core rate shows the underlying trend that the Central Bank of the Republic of Türkiye can actually influence, so it often moves markets more than the headline. Services inflation, driven by wages, is the stickiest part.

Cómo se calcula

TurkStat takes the consumer price index basket, removes the excluded items and re-weights the rest; the change is measured month on month and against the same month a year earlier.

Core inflation (yoy) = core index ÷ core index 12 months ago − 1

Qué significan los cambios

  • A core rate falling towards the target lets the Central Bank of the Republic of Türkiye ease; a stubborn core keeps rates high.
  • Monthly core changes of 0.2% compound to about 2.4% a year; 0.3% to about 3.7%.
  • Markets compare the figure with the consensus to one decimal; a 0.1-point surprise moves currencies.

Mayor de lo esperado: A higher figure than expected makes the Central Bank of the Republic of Türkiye more likely to keep rates high or raise them: it tends to support the Turkish lira and push bond yields up, and is often a weight on stocks.

Menor de lo esperado: A lower figure than expected gives the Central Bank of the Republic of Türkiye room to cut or hold rates lower: the Turkish lira tends to soften and bond yields to fall.

Una breve historia

Economists Robert Gordon and others popularised excluding food and energy in the 1970s, when oil shocks made the headline rate misleading; most central banks now publish or watch a core measure.

Preguntas

What is the Turkey Core Inflation Rate MoM?

The Turkey Core Inflation Rate MoM measures the rise in consumer prices in Turkey without the most volatile items, usually food and energy (definitions vary by country).

What was the latest Turkey Core Inflation Rate MoM?

2.07% for OCT, published on 3 November 2026.

When is the next Turkey Core Inflation Rate MoM?

On Thursday 3 December 2026 at 07:00 UTC.

Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.