October inflation figures announced in Turkey
The Turkish Statistical Institute (TÜİK) has released the country’s inflation data for October 2025. According to the official report, consumer prices rose by 2.55% on a monthly basis, while annual inflation reached 32.87%.
The data also showed that domestic producer prices (Yİ-ÜFE) increased by 1.63% in October and were up 27% compared to the same month last year. When looking at 12-month averages, consumer prices rose 37.15%, and producer prices increased 25.49%.
This marks the lowest annual inflation rate in nearly four years, with the last comparable figure recorded in November 2021 at 21.31%. The inflation results also affected rent adjustments, setting the November rent increase rate at 37.15%for homes and workplaces.
Turkey’s Minister of Treasury and Finance, Mehmet Şimşek, commented on the figures, saying:
“Temporary fluctuations can occur during the disinflation process. Although some slowdown has been observed recently, the overall trend remains unchanged. We expect the disinflation process to continue, supported by both global and domestic conditions.”
The revaluation rate, determined by the Treasury and Finance Ministry and based on producer price index data, was reported to have increased 25.49% over the past 12 months as of the end of October.
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