03.11.2026 10:12
The Turkish Statistical Institute (TÜİK) announced the October inflation data that millions of civil servants, retirees, and tenants had been eagerly awaiting. While monthly inflation, which was 1.84 percent in September, rose to 2.58 percent in October, annual inflation came in at 29.77 percent. This announced rate was the highest inflation increase of the last 6 months.
According to data announced by TÜİK, the Consumer Price Index (CPI) increased by 2.58 percent in October compared with the previous month. Thus, monthly inflation rose by 0.74 points compared with September. Annual inflation was 29.77 percent.
IT WAS ANNOUNCED AS 1.84 PERCENT IN SEPTEMBER
In September, consumer prices increased by 1.84 percent compared with the previous month, while the increase compared with December of the previous year was recorded as 24.32 percent. Annual inflation was realized at the level of 29.73 percent.
IT WILL AFFECT PAY RAISES FOR CIVIL SERVANTS AND RETIREES AND RENT INCREASES
October inflation data is among the data to be taken into account in calculating future salary increases for civil servants and retirees. The legal rent increase ceiling that can be applied to residential and workplace rents is determined according to the 12-month average change in the CPI.
RENT INCREASE RATE HAS BEEN DETERMINED
With the Turkish Statistical Institute (TÜİK) announcing October inflation data, the rent increase rate to be applied in November has also become clear. Accordingly, the ceiling increase rate that can be applied in rental contracts was calculated as 31.23 percent according to the 12-month average CPI.