Core inflation · Turkey

Turkey Core Inflation Rate YoY

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

Importance
Medium
Prochaine publication
Devise
TRY · Turkish lira
Banque centrale
The Central Bank of the Republic of Türkiye
Influence
EURTRY · USDTRY

Derniers chiffres

La dernière publication, pour OCT, est parue le 2026-11-03 et s’est établie à 28.28%. C’est moins que 28.7% la fois précédente.

PubliéPourRéelConsensusPrécédent
3 Nov 2026OCT28.28%–28.7%

Voir dans le calendrier économique →

Pourquoi c’est important

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.

Mode de calcul

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

Ce que signifient les variations

  • 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.

Supérieur aux attentes : 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.

Inférieur aux attentes : 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.

Un bref historique

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.

Questions

What is the Turkey Core Inflation Rate YoY?

The Turkey Core Inflation Rate YoY 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 YoY?

28.28% for OCT, published on 3 November 2026.

When is the next Turkey Core Inflation Rate YoY?

On Thursday 3 December 2026 at 07:00 UTC.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.