Household Inflation Expectations: December 2025

DECLINE IN INFLATION EXPECTATIONS CONTINUE

Gökhan Şahin Güneş

Summary findings

The average inflation expectation for one year ahead: 9% (a decrease of 5.8 points M-o-M).
1% of participants expect inflation to be in the range of 21-40%.
3% of participants expect inflation to be lower than the current level (an increase of 6.8 points M-o-M).
By gender: The inflation expectation is 3% for men and 55.8% for women.
By age: the lowest expectation is at the group of 18-24 years (%45.1), the highest expectation is at the group of 55-64 years (%59.4).
By employment status: The highest expectation is among Retired/Not Working (%55.4), and the lowest is among Salaried Government Employees (%45.2).