Turkish Statistical Institute Announced August Inflation Data
According to the August data announced by the Turkish Statistical Institute, the Consumer Price Index increased by 1.84 percent monthly and 31.51 percent annually.
The Turkish Statistical Institute officially announced the inflation data for August 2026. Accordingly, the monthly and annual change rates in consumer and producer price indices became clear, and the legal rent increase rate effective in September was also determined.
Consumer Price Index Changes
According to the data announced by the Turkish Statistical Institute, the Consumer Price Index increased by 1.84 percent in August compared to the previous month.
While index values realization stood at 31.51 percent on an annual basis, the increase rate based on 12-month averages was recorded at 31.79 percent.
Domestic Producer Price Index
The Domestic Producer Price Index experienced a 2.57 percent increase in August compared to the previous month.
During the same period, producer prices saw an annual increase of 27.95 percent, while the change in 12-month averages was 27.76 percent.
Legal Rent Increase Rate
Following the announced inflation figures, the legal rent increase rate to be applied to residences and workplaces in September also became clear.
Accordingly, the legal rent increase limit, based on the 12-month average CPI change rate, was determined as 31.79 percent.
Assessment by the Ministry of Treasury and Finance
Minister of Treasury and Finance Mehmet Şimşek shared economic developments in his assessments regarding the August data.
Minister Şimşek stated that core goods inflation and annual rent inflation had dropped to their lowest levels in recent periods.