Türkiye’s November 2025 Inflation Figures

Data released by the Turkish Statistical Institute (TÜİK) shows a clear slowdown in inflation during November 2025, signaling that the economy is entering a phase of gradual price stabilization under the government’s “balance and monetary tightening” policy.

🔹 Inflation Rates

• Monthly inflation: 0.87%

• Annual inflation: 31.07%

These figures represent one of the lowest annual levels recorded this year, compared to the significantly higher rates seen in previous months.

🔹 Key Categories with Price Changes

According to TÜİK data:

• Food and non-alcoholic beverages: Price increases were milder than in previous months.

• Transportation: Relatively stable due to stable global energy prices.

• Housing, electricity, and gas: Continued to have a moderate impact on the index.

• Clothing and footwear: Saw typical seasonal declines for November.

• Services: Remains the category exerting the most upward pressure due to rising operational costs.

🔹 What Do These Figures Mean Economically?

• The continued slowdown reflects the impact of the Central Bank’s strict monetary policies.

• The decline in annual inflation signals gradual improvement in price stabilization.

• Experts expect inflation to continue its downward trend toward early 2026, provided current policies remain in place and no external shocks occur.

🔹 Market Reactions

• Financial markets responded positively, with the lira remaining stable on the day of the announcement.

• Analysts believe upcoming indicators may show further declines as global food and energy prices soften.