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Historical Year Data · 1974

Turkey CPI Inflation (WEO) in 1974

Turkey CPI Inflation (WEO) opened 1974 at 23.90% and closed at 23.90%, a +0.00% move for the year. The high of 23.90% was reached on December 31, and the low of 23.90% on December 31.

Open
23.90%
1974-01
Close
23.90%
1 data points
High
23.90%
Dec 31
Low
23.90%
Dec 31
Full Year Change
+0.00%
1973 Change
+0.00%

Monthly Breakdown

MonthOpenCloseHighLowChange
Dec23.90%23.90%23.90%23.90%+0.00%

Events During 1974

1973 OPEC Oil Embargo
Stagflation
October 1973 – March 1974

OPEC quadrupled oil prices and embargoed shipments to the United States in response to US support for Israel in the Yom Kippur War. The shock launched a decade of stagflation.

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1974
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