KONDA Inflation Expectation Survey - December'25

SUMMARY

In December, inflation expectations for the next 12 months remained generally at the same level as the previous month. However, expectations diverged among different social groups; expectations declined among retirees, older age groups, and those who do not use social media, while an increase was observed among Recep Tayyip Erdoğan voters. Additionally, factors such as purchasing National Lottery tickets, online shopping during November sales, and satisfaction with living conditions were also found to be related to inflation expectations.

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 December 2025:
• From December 2024 to this December, i.e., over the past year, what percentage increase in prices do you think has occurred on average? (88%)
• In your opinion, by what percentage will prices have increased over the next 12 months, i.e., from December 2025 to December 2026? (87%)
• In your opinion, by what percentage will prices have increased from the beginning to the end of 2025, i.e., from January to December? (88%)

• Inflation expectations by age group,
• Inflation expectations among Erdoğan and İmamoğlu voters, 
• Inflation expectations based on plans to purchase National Lottery tickets,
• Inflation expectations based on online shopping during November sales,
• Inflation expectations based on satisfaction with living conditions.