Koç University Household Inflation Survey Results Announced

Koç University Household Inflation Expectation Survey

Koç University conducted a Household Inflation Expectation Survey with the participation of 4,672 individuals from December 12 to December 22, 2025. The results indicate that the downward trend in inflation expectations has lost momentum recently and reached a relatively stable point.

Decline in Year-End Inflation Expectations

As of December, year-end inflation expectations decreased by 2 points to %X level. However, participants' inflation expectations for 12 months ahead remained unchanged compared to the previous month, holding steady at %53. Considering individuals who participated in the last two months, a deterioration in these expectations has been observed.

Parallel Trends with TCMB

General assessment covering the March-December period shows that the results of the Koç University Household Inflation Expectation Survey largely reflect a parallel trend with the Central Bank of the Republic of Turkey (TCMB) sectoral inflation expectation survey. However, over the last two months, the Koç University survey has shown a stagnant appearance, deviating slightly from the TCMB data.

Financial Literacy and Inflation Expectations

This month's survey included questions aimed at measuring participants' financial literacy levels. The findings indicate that participants with a high level of financial literacy have inflation expectations that are 2–3 points higher compared to those with a low level of financial literacy.

This result shows that the level of financial knowledge and awareness leads to significant differentiation in individuals' perceptions of future inflation.