In a significant development, Turkey's Consumer Price Index (CPI) excluding energy, food, beverages, tobacco, and gold has declined to 33.0% in August 2025, reflecting a year-over-year comparison, according to the latest figures updated on September 3, 2025. This marks a reduction from the previous month's 34.7%, a downward trend that may indicate easing inflationary pressures in particular sectors of the Turkish economy.
The decrease for August aligns with expectations that targeted monetary and fiscal interventions might eventually lead to stabilization within specific segments of the market. The CPI measurement provides insights into the core inflation metrics, which exclude highly volatile categories such as energy and food. Therefore, this latest measure will be scrutinized by policy-makers and market analysts for signs of broader economic health and sustainability.
Although the path of Turkey’s overall inflation remains complex against a backdrop of various global and domestic challenges, the downshift in core inflation could act as a beacon, suggesting effective policy implementations. Analysts will continue to observe upcoming trends to determine if the current momentum is sustained and reflective of longer-term economic recovery objectives.
