The domestic producer price index (DPI) and consumer price index (CPI) inflation rates are announced in the first week of each month.
When the rates are announced, it becomes clear at what rate the rent increases will be made.
The statistical data published on February 3, 2025 and the CPI table that determines the upper limit of rents to be renewed in February 2025 were also announced.
According to the statement by TÜİK, the CPI (Consumer Price Index Monthly) increased by 5.03% monthly in November.
The comparative increase table in the CPI, which accepts 2003 as the beginning in the calculation;
1- In January 2025, 5.03% compared to the previous month
2- 42.12% compared to the same month of the previous year
3- 5.03% compared to December of the previous year (2024-December)
4- 56.35% increase compared to twelve-month averages
was realized.
The amount of increase in workplace and residential rents is calculated according to the twelve-month AVERAGE change in the CPI.
Accordingly, a maximum of 56.35% increase can be made to RENT in JANUARY 2025.
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
