Skyline at golden hour in Turkey

Turkey Inflation May 2020

Turkey: Inflation increases in May

Consumer prices rose 1.36% from the previous month in May, accelerating from the 0.85% increase seen in April. May’s result was the sharpest increase in prices since October 2019, and came on the back of a notable increase in transportation costs.

Inflation came in at 11.4% in May, up from April’s 10.9%. Meanwhile, the trend pointed down, with annual average inflation coming in at 12.2% in May (April: 12.7%). Lastly, core inflation rose to 10.3% from April’s 9.9%.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest X Download Fullscreen