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Turkey inflation rate reaches 31.51% in August
Turkey's Turkish Statistical Institute (TÜİK) reported that the Consumer Price Index (CPI) rose by 1.84% in August compared to the previous month, bringing the annual inflation rate to 31.51%. Key sectors driving these increases included housing, water, electricity, gas, and other fuels, which saw a 39.77% annual rise, followed by transportation at 35.08% and food and non-alcoholic beverages at 33.79%.
As a result of these figures, the legal ceiling for rent increases in September has been set at 31.79%, based on the 12-month average of the CPI. The cumulative inflation for July and August reached approximately 3.65%, a figure that will impact upcoming salary adjustments for civil servants and retirees in January 2027.
While official figures show a slight deceleration in the annual rate, the Inflation Research Group (ENAG) provided a significantly higher estimate, calculating annual inflation at 49.03% for August. Additionally, the Domestic Producer Price Index (D-PPI) rose by 27.95% annually, indicating continued pressure on production costs.
Entities
AA Finance · AA Finans · Bendevi Palandöken · Central Bank of the Republic of Turkey · Central Bank of the Republic of Türkiye · Cevdet Yılmaz · Citi · Citi Research · DİSK-AR · ENAG · Enflasyon Araştırma Grubu · Housing Development Administration of Türkiye
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 4 SOURCES] Economists' average monthly inflation expectation for August was 1.86%. www.ilkhaber-gazetesi.com · sanayigazetesi.com.tr · www.gazetepencere.com
- [● 26 SOURCES] The Consumer Price Index (CPI) annual inflation rate was 31.51% in August. www.bogazgazetesi.com.tr · sonsoz.com.tr · www.aksam.com.tr · www.wanhaber.com · www.turgutluyanki.com · +16 more
- [● 5 SOURCES] The Inflation Research Group (ENAG) calculated annual inflation at 49.03% for August. www.kentgazetesi.com · peyamakurd.info · www.yenikiroba.com
- [● 10 SOURCES] The housing, water, electricity, gas, and other fuels group saw a 39.77% annual increase. www.bogazgazetesi.com.tr · sonsoz.com.tr · www.aksam.com.tr · www.wanhaber.com · www.turgutluyanki.com · +3 more
- [● 2 SOURCES] The loss of the minimum wage against inflation reached 6,196 TL as of August. www.karar.com · www.yenikiroba.com
- [● 4 SOURCES] The Domestic Producer Price Index (D-PPI) increased by 27.95% annually. www.bogazgazetesi.com.tr · www.aksam.com.tr · www.haberts.com · www.muskarahaber.com
- [● 4 SOURCES] The average year-end inflation expectation for 2026 among economists was 29.49%. www.ilkhaber-gazetesi.com · sanayigazetesi.com.tr · www.gazetepencere.com
- [● 26 SOURCES] The Consumer Price Index (CPI) increased by 1.84% in August compared to the previous month. www.bogazgazetesi.com.tr · sonsoz.com.tr · www.aksam.com.tr · www.wanhaber.com · www.turgutluyanki.com · +16 more
- [● 13 SOURCES] The ceiling rate for rent increases in September was set at 31.79% based on the 12-month CPI average. www.haberts.com · rayhaber.com · www.bogazgazetesi.com.tr · www.edirnegazetesi.com.tr · www.muskarahaber.com · +7 more
- [● 5 SOURCES] The cumulative inflation for July and August reached approximately 3.65%. www.guncelegitim.com · www.turkgun.com · www.ilerigazetesi.com.tr · www.edirnegazetesi.com.tr · egitimsitesi.net
- [● 5 SOURCES] Food and non-alcoholic beverages increased by 33.79% annually. www.bogazgazetesi.com.tr · sonsoz.com.tr · www.haberts.com · peyamakurd.info · www.yenikiroba.com
- [● 4 SOURCES] Transportation costs increased by 4.82% in August on a monthly basis. www.bogazgazetesi.com.tr · sonsoz.com.tr · www.haberts.com · peyamakurd.info