Türkiye’s inflation eases for 11th straight month in April: TurkStat

Türkiye’s inflation continued to decline in April despite global market volatility and rising trade tensions, falling to 37.86% year-on-year with a monthly increase of 3.0%, the Turkish Statistical Institute (TurkStat) reported on Monday.

Chart showing Türkiye’s annual inflation trend over the past 12 months, with the Consumer Price Index (CPI) declining steadily from 69.8% in April 2024 to 37.86% in April 2025, accessed on May 5, 2025. (Chart by Türkiye Today / Onur Erdogan)

The April rate was the lowest since December 2021, when it was 36.08%.

Education, housing, and health lead the price increases in Türkiye

The highest price hikes were seen in education with 79.2%, housing 74.07%, and health 41.99% on a yearly basis, according to TurkStat's data. Lowest rates were posted in clothing and footwear with 16.92%, communications 21.31%, and transport 22.76%.

TurkStat said there were three main expenditure groups with the highest weight; food and non-alcoholic beverages with 36.09% price hike, transportation 22.76% and housing 74.07%

"The contributions of these main groups to the annual change were 9.21% for food and non-alcoholic beverages, 3.84% for transportation and 9.98% for housing," it added.

May 05, 2025 12:45 PM GMT+03:00