Turkey’s Inflation Eases to 32.11% in June 2026
Turkey’s Annual Inflation Falls to 32.11% in June
Turkey’s annual inflation rate eased to 32.11% in June, marking a slight slowdown from the previous month and coming in below market expectations, according to the latest data released by the Turkish Statistical Institute.
Consumer prices increased by 0.99% in June, while cumulative inflation since the beginning of 2026 reached 17.76%.
Inflation Continues to Slow
Annual inflation declined from 32.61% in May to 32.11% in June, suggesting that price growth continues to moderate.
The 12-month average inflation rate now stands at 32.03%.
Where Prices Rose the Most
The largest annual price increases were recorded in essential household expenses.
- Housing, water, electricity and natural gas — +45.14%
- Food and non-alcoholic beverages — +35.45%
- Transport — +31.15%
On a monthly basis, housing costs increased by 2.30%, while food prices rose only 0.17%. Transport prices declined slightly by 0.05%, helping ease overall inflation.
Lower fuel prices and slower growth in food costs contributed to the moderation in inflation during June.
Government Expects Further Improvement
Finance Minister Mehmet Şimşek said the disinflation process has resumed after temporary pressure caused by higher global energy prices.
The government expects inflation to continue slowing during the second half of 2026, supported by lower commodity prices, easing rental inflation, and stable domestic demand.
Officials say maintaining price stability remains one of the government's key economic priorities for the remainder of the year.
