Turkey’s consumer price inflation inched down in January 2026 but remained at extraordinarily high levels on an annual basis, according to the latest official data.
Year-over-year CPI stood at 30.65% in January 2026, marginally lower than the 30.89% recorded in December 2025. The figures, updated on 03 February 2026, show that while price pressures have eased slightly, inflation is still running at more than 30% compared with the same month a year earlier.
The comparison is based on annual changes: the January 2026 reading reflects price growth versus January a year ago, while the December 2025 figure measures the change against December one year earlier. The modest deceleration suggests that although headline inflation may have passed a near-term peak, Turkey continues to face a significantly elevated inflation environment.
