Türkiye October Inflation Rises Slightly to 29.77 Percent

The Turkish Statistical Institute reported that Türkiye's annual consumer inflation rose slightly to 29.77 percent in October, up from 29.73 percent in September. While this represents a marginal monthly increase, the figure remains lower than the 32.87 percent recorded in October 2025. Monthly consumer prices increased by 2.58 percent in October, bringing the total climb since the start of the year to 27.52 percent.

Price increases varied significantly by sector. Education and health saw the highest annual spikes at 48.86 percent and 43.29 percent, respectively. Clothing and footwear experienced the lowest rise at 13.38 percent.

Alternative data from the independent Inflation Research Group presented a different economic picture. The group reported a much higher annual inflation rate of 45.12 percent for October, although this was a decrease from its September estimate of 46.61 percent.