Turkey's Annual Inflation at 14-Month Low
Turkey's annual inflation rate was at 49.38% in September, hitting the lowest level since July 2023, the Turkish Statistical Institute (TÜİK) revealed on Thursday.
The housing item posted the highest price hike with 97.87% in September on a yearly basis, followed by education with 93.59% and restaurants and hotels with 65.41%.
The lowest rates were seen in transport with 26.6%, clothing and footwear with 30.7% and communication with 36.64%.
Meanwhile, the monthly inflation rate was at 2.97% in September, up from 2.47% in August.
Last month, the communication item posted a monthly price decline with 0.88% while education with 14.21% was the main group seeing the highest monthly increase.
Comments
Attention!
Sending all kinds of financial, legal, criminal, administrative responsibility content arising from illegal, threatening, disturbing, insulting and abusive, humiliating, humiliating, vulgar, obscene, immoral, damaging personal rights or similar content. It belongs to the Member / Members.