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Turkey inflation falls below 30 percent for first time since 2021
Turkey's inflation data for September 2026 shows consumer prices (TÜFE) rose by 1.84 percent monthly, while annual inflation dropped to 29.73 percent. This marks the first time annual inflation has fallen below 30 percent since November 2021.
Key sectoral changes included a 39.99 percent annual increase in housing, water, electricity, and gas, and a 35.10 percent increase in transportation. Conversely, citrus fruit prices saw a significant annual decline of 24.41 percent. Higher education costs rose by 25.79 percent during the month.
Domestic producer prices (Yİ-ÜFE) increased by 2.07 percent monthly and 27.38 percent annually. In the banking sector, the average 1-3 month maturity TL deposit interest rate fell to 36.9 percent for the week ending September 25, reaching a three-year low.
The lower-than-expected inflation figures impact upcoming salary adjustments for civil servants and retirees, as well as rental increase rates for October.
Entities
Central Bank of the Republic of Türkiye · ENAG · Enflasyon Araştırma Grubu · Inflation Research Group · Mehmet Şimşek · Murat Bal · Sezgin Tanrıkulu · Turkey · Turkey Grand National Assembly · Turkish Statistical Institute · TÜİK · Türkiye
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] The OECD predicts global growth will be approximately 2.9 percent in 2026. www.aksiyon.com.tr · www.bursahakimiyet.com.tr
- [● 3 SOURCES] Artificial intelligence investments are supporting global growth. www.aksiyon.com.tr · www.bursahakimiyet.com.tr
- [● 3 SOURCES] Energy shocks from the Middle East, geopolitical tensions, and tight financial conditions are increasing global economic uncertainty. www.aksiyon.com.tr · www.bursahakimiyet.com.tr
- [● 3 SOURCES] Annual inflation in Turkey was 31.5 percent in August. www.aksiyon.com.tr · www.bursahakimiyet.com.tr
- [● 5 SOURCES] Economists in the AA Finance survey expect September inflation to be 2.18%. www.sivasirade.com · www.bolgegazetesivan.com · www.kentgazetesi.com · finans.mynet.com
- [● 2 SOURCES] SSK and Bağ-Kur retirees are expected to receive a raise in the 28% to 30% range. www.f5haber.com
- [● 2 SOURCES] If the minimum pension policy continues, the lowest pension could reach between 25,600 and 26,000 lira. www.f5haber.com · www.bolgegazetesivan.com
- [● 4 SOURCES] Civil servants have a guaranteed 5% base raise under collective bargaining agreements. www.kentgazetesi.com · www.f5haber.com
- [● 3 SOURCES] SGK expert Murat Bal expects September inflation to be approximately 2% to 2.2%. www.kentgazetesi.com · www.f5haber.com
- [● 3 SOURCES] Murat Bal predicts year-end inflation will be near 30%. www.kentgazetesi.com · www.f5haber.com
- [● 3 SOURCES] The maximum rent increase rate for October 2026 is set at 31.49%. www.haberx.com · finans.mynet.com
- [● 13 SOURCES] The twelve-month average CPI increase was 31.49%. www.karsmanset.com · www.aydinses.com · www.istanbulgazetesi.com.tr · www.wanhaber.com · www.medyaege.com.tr · +7 more