Inflation reached 61.5% year-on-year in September in Turkey, the highest since December 2022, according to official data published on Tuesday.
The rise in consumer prices, fueled in particular by the depreciation of the Turkish lira, stood at 4.75% over one month.
Inflation, in full rebound since July, had fallen to 38.2% year-on-year in June, its lowest level in a year and a half, after peaking at 85.5% in October 2022.
It reached 58.9% in August, with a very strong increase in prices over one month (+9.1%), after an acceleration already marked in July (+9.6%).
Although high, the official figures are disputed by independent economists from the Inflation Research Group (Enag), who calculate the increase in consumer prices at 130.1% year-on-year.
The Turkish central bank, which has raised its main key rate from 8.5% to 30% since June in order to stem inflation, announced further rate increases at the end of September until the inflation outlook significantly improves.
However, economists estimate that inflation will continue on an upward trajectory until at least the second quarter of 2024.
Caught in a devaluation-inflation spiral, Turkey has experienced double-digit inflation continuously since the end of 2019, making the cost of living difficult to bear for many families.