Türkiye’s consumer price index (CPI) rose by 39.05% year-on-year in February 2025, marking a decline from 42.12% in January, the Turkish Statistical Institute (TurkStat) announced on Monday.

On a monthly basis, inflation increased by 2.27%, TurkStat said.

According to the data, the general CPI index (2003=100) saw an increase of 7.42% compared to December 2024 and rose by 53.83% on a twelve-month moving average basis.

Among the main expenditure groups, clothing and footwear recorded the lowest annual inflation rate at 20.84%, while education saw the highest price surge at 94.90% year-on-year.

On a monthly basis, clothing and footwear experienced the largest decline, with prices dropping 5.06%, whereas the education sector recorded the highest monthly increase at 9.92%.

Out of 143 basic expenditure categories classified under the Classification of Individual Consumption by Purpose (COICOP) 5-Digit Level, 113 categories showed price increases, while 25 declined, and five remained unchanged in February.

The core inflation indicator, which excludes unprocessed food, energy, alcoholic beverages, tobacco, and gold, increased by 39.47% annually and 2.32% monthly in February. On a twelve-month moving average basis, the core inflation rate stood at 53.40%.

The slight easing of inflation from January’s 42.12% to February’s 39.05% reflects efforts to stabilize price pressures, though economic challenges persist as policymakers continue to address cost-of-living concerns. (ILKHA)