Turkey Inflation Rate in 2003
Inflation rate in Turkey was 12.71% in 2003. That is 17.04 less than it was in the preceding 2002 and 3.35% more than in the following year of 2004.
In 2003 Turkey ranked #17 in the world by yearly inflation rate.
Month over month inflation rate is calculated for just the subject month itself - from the first to the last day of that month:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Month to month, % | 2.59 | 1.54 | 1.96 | 0.99 | 0.96 | 0.08 | -0.19 | 0.16 | 1.35 | 0.93 | 1.27 | 0.42 | 12.71 |
Year to year inflation rate is calculated for 12 months: 11 months preceding the subject one and the subject month itself:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year over year (12 months), % | 26.38 | 26.12 | 27.08 | 25.76 | 26.23 | 25.60 | 23.58 | 21.13 | 18.64 | 15.93 | 14.08 | 12.71 | 12.71 |
Progressive inflation rate is an incremental year to date inflation that sums rates from the beginning of the calendar year to the end of the subject month:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Progressive (year to date), % | 2.59 | 4.17 | 6.21 | 7.26 | 8.29 | 8.38 | 8.17 | 8.35 | 9.81 | 10.83 | 12.23 | 12.71 | 12.71 |
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