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Türkiye's consumer price index (CPI) rose 4.18% month-on-month in April, the Turkish Statistical Institute (TurkStat) reported on Monday, sharply exceeding analyst forecasts and more than doubling the 1.94% monthly increase recorded in March.
Annual inflation reached 32.37% in April, according to TurkStat data, also surpassing the 31.17% annual figure economists had anticipated.
The cumulative rate of change since December 2025 stood at 14.64%, while the 12-month moving average reached 32.43%.
March's monthly inflation had stood at 1.94%. April's 4.18% reading represents a significant re-acceleration, with leading indicators having already pointed to a pickup.
Istanbul Chamber of Commerce (ICOC) data showed that Istanbul retail prices rose 3.74% month-on-month in April, with annual inflation in the city reaching 36.9%.
In comparison, April 2025 recorded a 3% monthly increase and 37.86% annual inflation. The figures for April 2024 were 3.18% and 69.8%, respectively. This comparison highlights a two-year trend of cooling inflation that is currently showing signs of being disrupted.
Among the three highest-weighted expenditure groups, housing, water, electricity, gas and other fuels posted the steepest monthly rise at 7.99%, contributing 0.9% points to the overall monthly index change.
Clothing and footwear rose 8.94% on a monthly basis, contributing 0.57% points, while food and non-alcoholic beverages increased 3.70%, contributing 0.95% points.
Transport rose 4.29% monthly, contributing 0.73% points.
On an annual basis, housing was the largest gainer among major categories at 46.6%, contributing 6.3% points to the annual change. Food and non-alcoholic beverages rose 34.55% annually, contributing 8.72% points, the largest annual contribution of any category.
Transport posted a 35.06% annual increase, contributing 5.66% points. Education recorded the steepest annual rise among all categories at 50.6%.
Of 174 total subclasses tracked at the Classification of Individual Consumption According to Purpose (COICOP) five-digit level, 147 recorded index increases in April, eight remained unchanged and 19 declined.
The core inflation indicator excluding unprocessed food, energy, alcoholic beverages, tobacco and gold, Group B, rose 3.42% monthly and 30.51% annually in April, with a 12-month moving average of 32.01%.
The indicator excluding energy, food, alcoholic beverages, tobacco and gold, Group C, rose 3.46% monthly and 29.83% annually.
The indicator excluding administered and directed prices, Group F, rose 3.75% monthly and 31.13% annually.
TurkStat's next CPI release is scheduled for June 5, 2026.
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