Turkey's October inflation rises to 29.77 percent annually, TÜİK reports

Turkey's Statistical Institute (TÜİK) released October consumer price index data on November 3, 2026. The figures showed that consumer prices rose by 2.58 percent compared to the previous month. The annual inflation rate was calculated at 29.77 percent.

The annual increase in food and non-alcoholic beverages was 27.73 percent, while transport rose by 36.39 percent. Housing, water, electricity, gas and other fuels recorded the highest annual increase at 40.24 percent.

“The annual increase in food and non-alcoholic beverages was 27.73 percent, while transport rose by 36.39 percent.”

On a monthly basis, food and non-alcoholic beverages increased by 3.50 percent. Transport rose by 2.02 percent, and housing, water, electricity, gas and other fuels increased by 2.84 percent.

Of the 174 sub-classes covered by the consumer price index, prices rose in 134 sub-classes. Twenty-nine sub-classes recorded a decrease, while 11 sub-classes showed no change.

The special aggregate CPI indicator (B), which excludes unprocessed food products, energy, alcoholic beverages, tobacco and gold, rose by 2.00 percent monthly and 28.46 percent annually. The twelve-month average increase was recorded at 30.45 percent.