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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.
By calculating the value in 1961 dollars, the chart below shows how ₺100 is worth less over 59 years. The current year-over-year inflation rate (2019 to 2020) is now 15.18% 1. Graph CPI Turkey last year: Graph CPI Turkey long-term: Most recent CPI Turkey (inflation figure) 11.764 %: When we talk about the rate of inflation in Turkey, this often refers to the rate of inflation based on the consumer price index, or CPI for short. Inflation Rate YoY Cost rose at a faster pace for food & non-alcoholic beverages (12.93 percent vs 12.87 percent), transportation (10.96 percent vs 6.69 percent), housing & utilities (14.95 percent vs 14.45 percent), hotels, cafes & restaurants (11.13 percent vs 10.94 percent), clothing & footwear (10.66 percent vs 7.68 percent), and alcoholic beverages & tobacco (22.41 percent vs 21.41 percent).
Ian Webster is an engineer and data expert based in San Mateo, California. We have provided a few examples below that you can copy and paste to your site:Your image export is now complete. (April 15, 2020). The annual core inflation rate, which excludes energy, food and non-alcoholic beverages, alcoholic beverages, tobacco and gold, rose to 10.3 percent from 9.93 percent in April. Release date

On the other hand, cost of food & non-alcoholic beverages rose further (11.28 percent vs 10.05 percent). statista.es Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Cost rose at a softer pace for food & non-alcoholic beverages (12.73 percent vs 12.93 percent), transportation (8.81 percent vs 10.96 percent), housing & utilities (12.53 percent vs 14.95 percent), hotels, cafes & restaurants (10.92 percent vs 11.13 percent), clothing & footwear (10.34 percent vs 10.66 percent), and alcoholic beverages & tobacco (21.78 percent vs 22.41 percent). Quick Analysis with our professional Research Service:



Turkey’s inflation rate fell to its lowest level in almost three years in October — a figure expected to represent the low watermark in a recent downward trend.

To get the total inflation rate for the 59 years between 1961 and 2020, we use the following formula: It was the lowest reading since November last year, as prices eased mainly for transport (5.54 percent vs 8.79 percent in March) amid a drop in global oil prices and housing & utilities (14.52 percent vs 15.31 percent). Basic Account

Learn more about how Statista can support your business.IMF. "Turkey: Inflation rate from 1984 to 2021 (compared to the previous year)." The central bank currently forecasts year-end CPI of 7.4 percent but is widely expected to revise that figure upward.

April 15, 2020.

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When ₺100 is equivalent to ₺485,082,388.08 over time, that means that the "real value" of a single Turkish lira decreases over time.

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