In January 2026, inflation in Türkiye rose faster than expected, putting pressure on households already struggling with high prices. Consumer prices increased 4.84 percent compared to December, driven mainly by a 6.59 percent rise in food and non-alcoholic beverage costs. On an annual basis, inflation slightly eased to 30.65 percent, but the decrease was small and did not ease the cost-of-living burden. Many families are feeling the effects of past inflation, which has made everyday goods more expensive. More than half of households carry some debt, often borrowing from relatives or using credit cards to cover daily expenses. Pensioners are also struggling, as income increases are smaller than price rises for rent, food, and utilities. Experts warn that relying on debt can create a financial trap. While monetary policy is helping slow inflation, it is crucial to maintain this trend to restore consumer confidence and reduce the long-term impact of high prices on households.

Pray for divine provision for the families struggling with inflation in Türkiye. Pray for an improvement in the livelihood of the people in the country. Pray for the LORD to bless each Türkish families and their income resources (The Holy Bible, Genesis 22:14).

Pray for economic stability in Türkiye. Pray for the effective implementation of economic reforms to combat inflation and enhance the country’s economy (The Holy Bible, Psalm 118:25).

News Source: Xinhua

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