Annual inflation in Turkey moderated slightly more than expected in December but still closed 2025 at around 30.9%, down from 31.07% in November, according to official data released on Monday by the Turkish Statistical Institute (TÜİK).
According to the report published in the last hours by TÜİK, the CPI in the Eurasian country stood at 30.89% in the last month of the year. Analysts had anticipated that inflation in December would be close to 31% with a monthly increase of 0.98%; however, the monthly increase in prices finally stood at 0.89%, so that both the year-on-year and month-on-month CPI figures are slightly below market forecasts.
By sector, the largest year-on-year increase in the cost of living was in education, with a price increase of 66.27%, followed by housing, which rose by 49.45%. Next came the category of hotels, cafes and restaurants, with an increase of 34.11%, followed by health ( 30.87%) and alcohol and tobacco (30.80%).
In the three large expenditure groups with the greatest weight in the Consumer Price Index, prices in comparison with the previous year increased by 28.31% in food and non-alcoholic beverages and by 28.44% in transport, in addition to the aforementioned rise of 49.45% in housing. The contribution of these groups to the total increase in inflation was 7.07% for food, 4.36% for transport and 7.5% for housing.
On this basis, 12-month average inflation in Turkey stood at 34.88% in 2025, a significant drop from the 58.51% recorded in 2024, confirming a clear deceleration in the pace of price increases.
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Pablo Gómez is a specialist in Turkey and has been editor-in-chief of Hispanatolia since 2011. He has been analysing current affairs and geopolitics in Turkey and the surrounding region since 2006.
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