FX.co ★ Turkey’s Annual Inflation Edges Higher to 32.61% in May, Extending Upward Trend

Turkey’s consumer price inflation continued to climb in May 2026, with the year-over-year Consumer Price Index (CPI) rising to 32.61%, according to data updated on 5 June 2026. This marks a slight acceleration from April 2026, when annual inflation stood at 32.37%.

The figures are based on a year-over-year comparison, measuring price changes in May 2026 against May 2025, while the previous reading compared April 2026 with April 2025. The uptick from 32.37% to 32.61% signals that inflationary pressures remain persistent in Turkey, with consumer prices continuing to rise at a robust pace despite only a modest month-to-month increase in the headline rate.

The latest data will be closely watched by investors and policymakers, as the higher annual CPI reading underscores ongoing cost-of-living pressures and may influence expectations for future monetary and fiscal policy decisions.