FX.co ★ Turkey’s October CPI Inches Up to 29.77% Year-on-Year

Turkey’s annual consumer price inflation edged slightly higher in October 2026, with the Consumer Price Index (CPI) rising 29.77% year-on-year, up from 29.73% in September 2026. The latest data, updated on 3 November 2026, indicate that price pressures remain elevated and broadly stable, with only a marginal acceleration in the pace of inflation.

Both the current and previous readings are measured on a year-over-year basis, comparing each month’s price level with the same month a year earlier. The October figure suggests that inflationary momentum has not meaningfully eased, underscoring ongoing cost pressures in the Turkish economy as it moves into the final quarter of 2026.