Inflation in Türkiye fell below 30 percent for the first time since 2021. Data for September 2026 show that annual inflation stood at 29.73 percent, while consumer prices rose by 1.84 percent compared with the previous month.
Bringing inflation below 30 percent had been one of the Turkish government’s goals since last year, but it was achieved only in 2026. At the opening of the Grand National Assembly in 2025, President Recep Tayyip Erdoğan said that finding a lasting solution to the rising cost of living was among the main priorities.
Erdoğan described the fight against inflation as a turning point and said the aim was to bring inflation below 30 percent by the end of 2025 and below 20 percent in 2026.
When presenting the 2026 budget before its vote in parliament, the president said the government planned to bring all spending under control, except for funds allocated to rebuilding regions affected by the earthquake of February 6, 2023. He said the measures were intended to reduce the deficit and support the fight against inflation.
The published statistics will also affect rents. Rents are expected to rise by 31.49 percent from October because inflation data are also used as a benchmark for increases in the prices of goods and services.
On an annual basis, food and non-alcoholic beverages rose by 27.62 percent. Transport costs increased by 35.10 percent, while expenses for housing, electricity, water and gas climbed by 39.99 percent.
Compared with the previous month, however, prices for food and non-alcoholic beverages fell by 0.20 percent. Transport costs rose by 2.79 percent month on month, while rents and electricity, water and gas expenses increased by 2.71 percent.
Source: bta.bg/bg
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