FX.co ★ Turkey’s Monthly Inflation Inches Higher in August as CPI Growth Hits 1.84%

Turkey’s consumer price inflation accelerated slightly in August 2026, with the month‑over‑month Consumer Price Index (CPI) rising 1.84%, up from 1.78% in July. The latest data, updated on 3 September 2026, point to a modest pick-up in price pressures compared with the previous month.

On a month‑over‑month basis, the August figure reflects a marginal increase in the pace of price growth, as July’s 1.78% rise had already marked a significant monthly climb from June. The current reading confirms that, while there is no dramatic surge, inflationary momentum remains intact rather than easing.

The comparison framework shows that “actual” August CPI represents the change versus July 2026, while the “previous” figure for July captured the change against June 2026. This sequential uptick in monthly inflation will likely be closely watched by markets and policymakers as they assess the persistence of underlying price pressures in Turkey’s economy.