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Economy & Markets· 3 Nov 2026

Türkiye's Annual Inflation Edges Up to 29.77% in October, TurkStat Data Shows

Türkiye's annual consumer inflation rose slightly to 29.77% in October, according to the Turkish Statistical Institute (TurkStat), up marginally from 29.73% in September but down from 32.87% in October 2025. Monthly consumer prices increased by 2.58% compared with September. The 12-month moving average stood at 31.23%, while price gains since December of the previous year reached 27.52%.

What it means for companies

The October print reflects a broad-based rise in consumer prices across expenditure categories. Housing, water, electricity, gas and other fuels rose 40.24% year-over-year, transportation climbed 36.39%, and food and non-alcoholic beverages increased 27.73%.

The highest annual increases were recorded in education (48.86%), health (43.29%) and insurance and financial services (31.41%), while clothing and footwear posted the lowest annual rise at 13.38%. Further details are set out in the source.

Source: Daily Sabah (3 Nov 2026). This summary is for information only and is not tax, legal or investment advice.

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