Turkish Trade Monitor: November 2025

Economic Data Statistics

TÜİK November 2025: Annual Inflation at 31.07%

The Turkish Statistical Institute (TÜİK) announced November 2025 inflation figures. CPI (TÜFE) increased 0.87% month-on-month and 31.07% year-on-year. Producer prices (Yİ-ÜFE) rose 0.84% monthly and 27.23% annually. The 12-month average CPI stands at 35.91%.

TTL INSIGHT: Rent Cap The 12-month average (35.91%) is the legal cap for rent increases in December. For contracts and pricing, use official TÜİK rates for adjustments. Food prices fell 0.69% while transport (+1.78%) and housing (+1.70%) drove monthly inflation.

Released: Dec 3, 2025 | Source: TÜİK

Finance & Tax

Tax Deferral Interest Rate Reduced

The annual interest rate for tax deferrals has been lowered significantly from 48% to 39%.

TTL INSIGHT: Action Required If you are considering tax debt restructuring, now is the optimal time. The 9-point reduction lowers total costs significantly.

Released: Dec 13, 2025 | Communiqué: C-9

FX / Export

FX Conversion Support Extended

The 3% enhanced support rate (normally 2%) for companies selling foreign-sourced FX to the Central Bank is extended to April 2026.

TTL INSIGHT: For Exporters Service providers earning foreign currency should take advantage of this extra 1% bonus before the new deadline.

Effective: Nov 1, 2025

Data Privacy (KVKK)

Focus: Cross-Border Data Transfers

Recent KVKK amendments introduce new rules. Companies must now use Standard Contractual Clauses (SCCs) or obtain explicit consent for transfers to countries without adequacy status.

EU adequacy not yet granted to Turkey.
Binding Corporate Rules now recognized.

Important Notice: New Year

January 1, 2026 is an official public holiday. Monitor announcements for potential administrative leave on Dec 31.