Eyes on inflation data for the March rent increase rate: When will the rent increase be announced?

In Turkey, rent increase rates are determined based on the inflation data announced by the Turkish Statistical Institute (TÜİK) at the beginning of each month. Therefore, the rent increase rate for March will be clarified with the announcement of the inflation data for February. TÜİK regularly shares economic indicators such as the Consumer Price Index (CPI) and the Producer Price Index (PPI) with the public every month. Landlords and tenants are closely following the rent increase rates that will take effect in March. Especially citizens renewing their rental contracts during this period continue their research intensively to calculate the new rent amounts accurately and plan their budgets. The Turkish Statistical Institute (TÜİK) will announce the inflation data for February on Monday, March 3 at 10:00. The rent increase for March will also be determined based on the February inflation data. With the announcement of the inflation data for January, the rent increase rate for homes and workplaces was determined. The Turkish Statistical Institute announced the inflation rates for January. The monthly inflation was recorded as 5.03%, while the annual inflation was 42.12%. The rent increase rate for homes and businesses was determined as 56.35%.