Web-TÜFE Shows 2.32% Inflation in July, Driven by Rent and Energy

According to Web-TÜFE data, Turkey’s consumer prices rose by 2.32% in July 2025, bringing the cumulative inflation rate since the beginning of the year to 18.40%. When adjusted for seasonal effects, monthly inflation reached 2.76%, signaling intensifying upward pressure on prices.

Rent and Energy Lead Inflation Spike

The largest monthly contributors to inflation were rents and energy costs:

• Rent prices increased by 5.27%

• Energy prices surged 5.94%, driven by:

  • Diesel fuel: up 9.24%

  • Gasoline: up 5.51%

Durable Goods and Food Prices Also Rose

In the core goods category, prices rose by 1.20% overall:

• Automobile prices jumped 2.56%

• White goods saw a 1.6% increase

• Clothing and footwear rose 0.61%

In the food and non-alcoholic beverages group, which had seen two months of decline, a 0.70% increase was recorded in July. Within this:

• Fresh fruit prices fell 6.32%, led by watermelon

• Vegetable prices climbed 4.71%, with green pepper seeing the steepest rise

Service Inflation Remains High

Service sector inflation stood at 3.24%, with notable spikes in:

• Private high school tuition fees: up 10.28%

• Carpet cleaning services: surged 27.10%

• Vehicle maintenance and repair: dropped 13.81%

These figures underscore price stickiness in services, a recurring challenge in Turkey’s inflation dynamics.

Core Inflation Indicators Also Rising

Key core inflation indices:

• B Index (excluding unprocessed food, energy, alcohol, tobacco, gold): up 2.04%

• C Index (excluding energy, food, alcohol, tobacco, gold): up 2.15%

These indicators suggest a strengthening inflation trend, extending beyond volatile items and pointing to persistent underlying price pressures in the economy.