The Turkish Statistical Institute (TurkStat) has announced the inflation data for October 2026. Accordingly, the Consumer Price Index (CPI) increased by 2.58 percent on a monthly basis and 29.77 percent on an annual basis in October.
The Domestic Producer Price Index (D-PPI) showed an increase of 1.65 percent monthly and 27.41 percent annually in October.
ANNUAL INCREASE IN D-PPI IS 27.41 PERCENT
The Domestic Producer Price Index (D-PPI), which shows the change in producer prices, was also determined with the October data. The D-PPI rose by 1.65 percent compared to the previous month and by 27.41 percent compared to the same month of the previous year in October.
Thus, the annual increase in consumer prices in October was recorded at 29.77 percent, and the annual increase in producer prices was recorded at 27.41 percent.
ENAG HAD ANNOUNCED IT AS 2.68
The Inflation Research Group (ENAG) shared its consumer price index (E-CPI) results for October with the public. According to ENAG data, consumer prices rose by 2.68 percent in October compared to the previous month.
As of October, the inflation increase for the last 12 months was calculated at 45.12 percent. Thus, a significant difference emerged between ENAG's annual inflation data and the rate announced by TurkStat.
HIGHEST ANNUAL INCREASE IN EDUCATION AND HEALTH
When looking at the annual changes in main expenditure groups, the highest increase occurred in education with 48.86 percent. The annual increase in health expenditures was 43.29 percent.
Among the expenditure groups with the highest weight, food and non-alcoholic beverages increased by 27.73 percent, transportation by 36.39 percent, and housing, water, electricity, gas, and other fuels by 40.24 percent.
Food and non-alcoholic beverages made the highest contribution to annual inflation with 6.81 points. The contribution of transportation was calculated at 6.10 points, and the contribution of the housing group was 4.71 points.
HIGHEST MONTHLY INCREASE IN CLOTHING AND FOOTWEAR
In October, the highest monthly increase among the main expenditure groups was seen in clothing and footwear with 12.58 percent.
In the same period, an increase of 3.50 percent was recorded in food and non-alcoholic beverages, 2.84 percent in housing, water, electricity, gas, and other fuels, and 2.02 percent in transportation.
Food and non-alcoholic beverages contributed 0.84 points to monthly inflation, transportation 0.36 points, and the housing group 0.34 points.
PRICES INCREASED IN 134 SUB-EXPENDITURE GROUPS
The October data for the 174 sub-expenditure groups evaluated within the scope of the CPI were also announced. Accordingly, while there was an increase in the indices of 134 sub-expenditure groups, a decrease was observed in the indices of 29 sub-groups. There was no change in 11 sub-expenditure groups.
News Source: 12punto
