# December Consumer Price Index (CPI) Trends in Turkey (2015–2023)
This chart illustrates the **December Consumer Price Index (CPI)** trends in **Turkey** over nine years, from **2015 to 2023**. The data reveals a **dramatic escalation in inflation**, particularly in the later years of the period.
- Between **2015** and **2019**, Turkey's **CPI** hovered in a relatively moderate range, starting at **8.8%** in **2015** and reaching **11.8%** in **2019**.
- From **2020** onward, the economic landscape shifted drastically, with inflation rising to **14.6%** in **December 2020**, surging to **36.1%** in **2021**, and peaking at an extraordinary **64.9%** in **December 2023**.
The steep rise in Turkey's **CPI** reflects significant economic challenges, including **currency depreciation**, **global energy price increases**, and **domestic monetary policy decisions**. The period from **2021 to 2023** highlights the severity of **inflationary pressures**, with external factors such as **global economic disruptions** and internal issues like **fiscal imbalances** playing critical roles.
This visualization serves as a **stark representation** of Turkey's inflationary journey, emphasizing the importance of **robust economic policies** in stabilizing consumer prices amidst fluctuating global and domestic conditions.