TÜİK Announces June Inflation Figures

Turkey’s official inflation data for June has been released by the Turkish Statistical Institute (TÜİK), showing a monthly inflation rate of 0.99% and an annual inflation rate of 32.11%.

The figures were closely watched by businesses, investors, and consumers as they provide another snapshot of price developments in the Turkish economy. In May, the monthly inflation rate had been recorded at 1.71%.

ENAG Reports Higher Inflation

The Inflation Research Group (ENAG) also published its independent inflation estimates for June 2026.

According to ENAG’s Consumer Price Index (E-TÜFE), prices increased by 1.94% compared with the previous month. The group calculated annual inflation at 51.49%, considerably higher than the official figures released by TÜİK.

The difference between official and independent inflation measurements continues to attract attention among economists and market observers.

Istanbul Inflation According to İTO

The Istanbul Chamber of Commerce (İTO) also released its latest retail price data.

According to İTO, retail prices in Istanbul increased by 1.14% in June compared with the previous month. On an annual basis, inflation in the city reached 35.94%.

As Turkey’s largest commercial center, Istanbul’s inflation data is often followed closely as an additional indicator of pricing trends.

Economists’ Expectations

Before the official announcement, economists surveyed by AA Finans expected monthly consumer inflation to come in at 1.04%, while the annual rate was forecast at 32.17%.

The official TÜİK figures were therefore broadly in line with market expectations, with both the monthly and annual inflation rates coming in slightly below the consensus forecast.

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