Turkey’s consumer price index (CPI) rose 1.78% month-over-month in July 2026, accelerating sharply from a 0.99% increase recorded in June 2026. The latest data, updated on 3 August 2026, point to renewed inflationary pressure after a relatively subdued prior month.
On a month-over-month basis, July’s reading shows that price growth has nearly doubled compared with June, when the CPI increase was below 1%. The comparison highlights a clear reacceleration in consumer prices, as the “actual” figure for July measures the change from June 2026, while the “previous” figure for June reflects the change from May 2026.
The pickup in inflation will likely draw close attention from investors and policymakers, as it may influence expectations around the trajectory of prices and any potential policy responses in the coming months.