TÜİK Announces July 2025 Inflation: Monthly Rise of 2.06%, Annual Rate at 33.52%

ANKARA – According to inflation data released by the Turkish Statistical Institute (TÜİK) for July, the monthly increase was recorded at 2.06%, while the annual inflation stood at 33.52%. Food prices surged by 27.95% on an annual basis.

The Turkish Statistical Institute (TÜİK) announced the July 2025 inflation figures. Accordingly, the consumer price index (CPI) increased by 2.06% compared to the previous month, with the annual inflation reaching 33.52%. Year-to-date inflation climbed to 19.08%.

Housing, Transportation, and Food Prices Stand Out

Among the main expenditure groups, the highest annual increases were recorded in housing at 62.01%, food and non-alcoholic beverages at 27.95%, and transportation at 26.57%. On a monthly basis, housing prices rose by 5.78%, transportation by 2.89%, and food by 0.07%.

Prices Increased in 120 Categories

Out of 143 main categories monitored under the CPI, prices increased in 120. Excluding unprocessed food, energy, alcoholic beverages, tobacco, and gold, the CPI rose by 1.82% monthly and 33.77% annually.

Şimşek: “Inflation at 44-Month Low”

Minister of Treasury and Finance Mehmet Şimşek stated on his social media account that the disinflation process is progressing in line with targets. Şimşek remarked, “Monthly inflation became 2.06%, while annual inflation receded to 33.5%. Food inflation dropped to 28%, and service inflation fell below 50% for the first time in three years. We will resolutely continue our program for lasting price stability.”

Officials highlighted that the decline in inflation is expected to boost the investment environment and financial predictability.