FX.co ★ Turkey’s Monthly Inflation Surges in January as CPI Jumps to 4.84%

Turkey’s consumer price pressures accelerated sharply at the start of 2026, with the country’s Month-over-Month Consumer Price Index (CPI) rising 4.84% in January. The latest reading marks a steep increase from December 2025, when monthly inflation stood at 0.89%.

According to data updated on 3 February 2026, the January 2026 CPI figure reflects how prices changed compared with December 2025, while the previous 0.89% reading shows the change in December relative to November 2025. The strong month-on-month jump signals a notable pickup in short-term inflation momentum after a comparatively moderate increase in the prior month.

The move from 0.89% to 4.84% on a monthly basis will likely draw close attention from investors and policymakers monitoring Turkey’s inflation path in early 2026, as it may influence expectations for future pricing trends and, potentially, upcoming monetary policy decisions.