BSS
  03 Dec 2025, 17:00

Turkey inflation eases to 31.1 percent: official data

ISTANBUL, Dec 3, 2025 (BSS/AFP) - Turkey's annual inflation slowed in 
November to 31.1 percent, down from 32.87 percent in October, its lowest in 
four years, official data showed on Wednesday.

Inflation, which stands at 0.9 percent over one month, particularly affected 
education with 66.2 percent as well as housing with 49.9 percent.

Turkey has experienced double-digit inflation since 2019, making life 
increasingly more expensive for millions of people, after President Recep 
Tayyip Erdogan ordered interest rate cuts in a bid to spur growth.

The figure, which exceeded 75 percent in May 2024 before starting to fall, is 
now at its lowest level since November 2021.

The central bank forecast that year-end inflation would be at 31-33 percent.

The official figures are disputed by independent economists from the 
Inflation Research Group ENAG, who estimate that consumer prices rose by 
56.82 percent year-on-year in November.