Makrognosis

Turkey Core Inflation Rate

MonthlyNot seasonally adjustedCode TR.CPICORE.M.NSA

Latest (y/y)28.5%October 2026
Previous (y/y)29.0%September 2026
Level139.4October 2026

Turkey Core Inflation Rate was up 28.5% year on year in October 2026, compared with 29.0% in September 2026.

The level stood at 139.4 (index 2025=100).

That is the lowest reading since November 2021.

Among the 50 economies Makrognosis covers on this measure, it is the 2nd highest.

Over the past ten years it has ranged from 6.9% (Nov 2016) to 77.0% (Oct 2022), averaging 31.2%.

Turkey Core Inflation Rate, annual % change, Jan 2006 – Oct 20260%20%40%60%80%2010201520202025Robomacro
Turkey Core Inflation Rate, annual % change, Jan 2006 – Oct 2026. Source: Central Bank of the Republic of Turkey (TCMB).
Turkey Core Inflation Rate, level (index 2025=100)05010015020052010201520202025Robomacro
Turkey Core Inflation Rate, level (index 2025=100).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
October 2026139.428.5
September 2026136.729.0
August 2026134.030.7
July 2026131.631.0
June 2026129.431.2
May 2026127.331.3
April 2026123.730.5
March 2026119.730.1
February 2026117.929.9
January 2026115.430.1
December 2025110.831.7
November 2025109.932.2
October 2025108.532.5
September 2025106.032.9
August 2025102.532.7
July 2025100.433.8
June 202598.6534.6
May 202596.9534.8
April 202594.8236.8
March 202591.9637.0
February 202590.7839.5
January 202588.7342.1
December 202484.1343.9
November 202483.1545.7

Last 24 observations. The full history (262 observations) is available through the API.

Get Turkey Core Inflation Rate in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/TR.CPICORE.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/TR.CPICORE.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationOctober 2026
First observationJanuary 2005
Observations262
FrequencyMonthly
Unitsindex 2025=100
AdjustmentNot seasonally adjusted
10-year high77.0% (Oct 2022)
10-year low6.9% (Nov 2016)
10-year average31.2%
Source agencyCentral Bank of the Republic of Turkey (TCMB)
Makrognosis codeTR.CPICORE.M.NSA

Core Inflation Rate: how Turkey compares

#EconomyPeriodLatest
1ArgentinaSep 202631.6%
2TurkeyOct 202628.5%
3RomaniaSep 20267.0%
4IcelandSep 20266.8%
5KosovoSep 20266.2%
6PhilippinesOct 20265.4%
7MontenegroSep 20264.8%
8SerbiaSep 20264.7%
9GreeceOct 20264.7%
10BulgariaOct 20264.5%
11MexicoOct 20263.8%
12GeorgiaSep 20263.7%

Core Inflation Rate by country: all 50 economies ranked →

Other Turkey indicators

Turkey GDP (Gross Domestic Product)Turkey GDP at current prices (CBRT EVDS)Turkey Inflation Rate (CPI)Turkey Unemployment RateTurkey Unemployment rate (TurkStat via TCMB EVDS)Turkey Credit Rating & Sovereign Risk ScoreTurkey Industrial ProductionTurkey Retail SalesTurkey Producer Price Inflation (PPI)Turkey Current account balance, USD million, monthly (TCMB balance of payments)Turkey Trade Balance: Goods & ServicesTurkey Exports of goods by BEC, total (TCMB EVDS), USD thousandTurkey Imports of goods by BEC, total (TCMB EVDS), USD thousandTurkey EmploymentTurkey M2 Money StockTurkey 10-Year Government Bond Yield

FAQ

What is the current core Inflation Rate in Turkey?
The latest reading is 28.5% year on year for October 2026, published by Central Bank of the Republic of Turkey (TCMB).
Where does this data come from?
It is collected directly from Central Bank of the Republic of Turkey (TCMB) and is available through the Makrognosis API under the code TR.CPICORE.M.NSA.

Last updated 2026-11-08. Source: Central Bank of the Republic of Turkey (TCMB). Original title: “Turkey core CPI (special coverage B, excl. unprocessed food, energy, alcohol/tobacco/gold), 2025=100 (TurkStat via TCMB EVDS)”.