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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.
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