Business · Markets · 14 hrs ago
Turkey’s real effective exchange rate index rose in October
The Central Bank of the Republic of Türkiye said the lira’s real exchange rate index rose in October.
The consumer-price-based index increased by 2.66 points to 107.76, while the producer-price-based index rose by 1.67 points to 102.90.
The indexes measure the lira’s value after taking price changes into account.
In October, Turkey’s consumer prices rose 2.58% from the previous month, and producer prices rose 1.65%.
The dollar gained an average of 1.63% against the lira, while the euro lost an average of 1.07%.
Changes in Turkish prices and exchange rates pushed the indexes up, while changes in prices among Turkey’s trading partners pulled them down; no further action or next step was given.
Turkey’s consumer price index-based real effective exchange rate index rose 2.66 points in October to 107.76.
The producer price index-based measure increased 1.67 points to 102.90.
Turkey’s central bank said changes in domestic consumer prices and the nominal exchange-rate basket contributed to the increase.
Changes in the world consumer price basket pushed the index down.
- Who
- The Central Bank of the Republic of Turkey released the data.
- What
- The consumer price index-based real effective exchange rate index rose 2.66 points to 107.76. The producer price index-based index rose 1.67 points to 102.90.
- When
- October; the data was reported on November 4, 2026.
- Where
- Turkey.
- Why
- Changes in Turkey’s consumer prices and the nominal exchange-rate basket contributed to the increase; changes in the world consumer price basket reduced the index.
This story does not have two clearly opposing sides.
The consumer price index-based index rose 2.66 points to 107.76, while the producer price index-based index rose 1.67 points to 102.90.
Sabah reported the central bank’s October index data.
- Consumer price index-based index
- 107.76 in October, up 2.66 points
- Producer price index-based index
- 102.90 in October, up 1.67 points
- Turkish consumer prices
- Rose 2.58% from the previous month
- Turkish producer prices
- Rose 1.65% from the previous month
- Average US dollar movement against the lira
- Gained 1.63% in October
- Average euro movement against the lira
- Lost 1.07% in October