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CONSUMER PRICES UP ABOUT 15 PERCENT IN JANUARY…

Turkey posted a 14.97% annual rise in consumer prices in January, the country’s statistical authority announced on Feb. 3. 

The annual figure was up 0.37 percentage points last month, rising from 14.60% in December 2020, according to the Turkish Statistical Institute (TÜİK).

The inflation rate in January 2020 stood at 12.15%, data showed.

The highest annual price increase last month was recorded in miscellaneous goods and services with 24.53%, TÜİK said.

It was followed by furnishings and household equipment prices, rising 23.25%, and transportation, up 21.43%, during the same period.

Economists polled by Anadolu Agency last Friday projected the inflation rate in January to be 14.75%.

On a monthly basis, the consumer price index climbed 1.68% in January.

Turkey posted a 14.97% annual rise in consumer prices in January, the country’s statistical authority announced on Feb. 3. 

The annual figure was up 0.37 percentage points last month, rising from 14.60% in December 2020, according to the Turkish Statistical Institute (TÜİK).

The inflation rate in January 2020 stood at 12.15%, data showed.

The highest annual price increase last month was recorded in miscellaneous goods and services with 24.53%, TÜİK said.

It was followed by furnishings and household equipment prices, rising 23.25%, and transportation, up 21.43%, during the same period.

Economists polled by Anadolu Agency last Friday projected the inflation rate in January to be 14.75%.

On a monthly basis, the consumer price index climbed 1.68% in January.

www.hurriyetdailynews.com

About İsmail Uğural

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