KONDA Inflation Expectation Survey Results - October'25

SUMMARY

The public's perception of inflation over the past 12 months averaged 108% in September, but fell to 92% in October. Similarly, inflation expectations for the next 12 months stood at 106% in September, but fell by 7 points to 99% in October.

As of October 2025, both inflation perceptions and expectations have declined. The inflation expectations of Erdoğan voters, which had risen last month, fell back to their previous levels in October. Among those who postponed their shopping until the November discount period, inflation expectations were significantly higher, especially among those who postponed their essential expenses until this period. Furthermore, parents who send their children to public schools have higher inflation expectations than those who send their children to private schools.

This content is a special version of the KONDA Inflation Expectation Survey for KONDA Barometer subscribers. This version includes more questions on demographic and political breakdowns. 

This section presents the results of the KONDA Inflation Expectation Survey for October 2025:

• From October 2024 to this October, i.e., over the past year, what percentage increase in prices do you think there has been on average? (92%)
• In your opinion, over the next 12 months, i.e., from October 2025 to October 2026, what percentage increase in prices will there be? (99%)
• What percentage increase in prices do you expect from the beginning to the end of 2025, i.e., from January to December? 
•  Inflation expectations by age group,
• Inflation expectations by lifestyle group,
• Inflation expectations of Erdoğan and İmamoğlu voters,
• Inflation expectations based on the scenario of Recep Tayyip Erdoğan winning the upcoming presidential election,
• Inflation expectations based on the behavior of postponing purchases to the November discount period (Black Friday)
• Inflation expectations based on parents sending children to private and public schools and their children's lunch eating habits