Cost of food in Turkey increased 77.87 percent in December of 2022 over the same month in the previous year. source: Turkish Statistical Institute

Food Inflation in Turkey averaged 15.41 percent from 2004 until 2022, reaching an all time high of 102.60 percent in November of 2022 and a record low of 1.38 percent in April of 2016. This page provides the latest reported value for - Turkey Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Food Inflation - values, historical data and charts - was last updated on January of 2023.

Food Inflation in Turkey is expected to be 60.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Turkey Food Inflation

Related Last Previous Unit Reference
Inflation Rate 64.27 84.39 percent Dec 2022
Inflation Rate MoM 1.18 2.88 percent Dec 2022
Consumer Price Index CPI 1128.45 1115.26 points Dec 2022
Core Inflation Rate 51.93 68.91 percent Dec 2022
Core Consumer Prices 853.52 837.97 points Dec 2022
GDP Deflator 223.00 201.30 points Sep 2022
Producer Prices 2021.19 2026.08 points Dec 2022
Producer Prices Change 97.72 136.02 percent Dec 2022
Export Prices 109.98 107.09 points Nov 2022
Import Prices 139.53 143.92 points Nov 2022
Food Inflation 77.87 102.60 percent Dec 2022
CPI Transportation 1221.87 1274.65 points Dec 2022
CPI Housing Utilities 1235.10 1201.03 points Dec 2022

Turkey Food Inflation
Cost of food makes up roughly a quarter of the consumer basket in Turkey.
Actual Previous Highest Lowest Dates Unit Frequency
77.87 102.60 102.60 1.38 2004 - 2022 percent Monthly