Consumer Price Index
Producer prices in agriculture down in August
The Agriculture producer price index declined by 4.34 percent in August from the previous month, the Turkish Statistical Institute (TÜİK) has said.
On the back of the August data, the annual increase of the index slowed from 158 percent in July to 142.4 percent last month.
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Energy Prices Keep Climbing in the EU (infographic)
According to Eurostat, the inflation rate for energy is the highest it’s been since the Harmonised Index of Consumer Prices (HICP) was first published back in 1997
Inflation: Energy, food and transport prices rally in July
Ιnflation remains alive despite its slight decline during the month of July. Although last month's general price index fell to 11.6% from 12.3% in June, nevertheless based on the data by group of goods and services it appears that consumers were burdened with unprecedented price increases.
Türkiye’s annual inflation at 79.6 percent
Turkish inflation rose to a fresh 24-year high of 79.6 percent in July, official data showed yesterday.
Month-on-month, consumer prices rose 2.37 percent in July, the Turkish Statistical Institute (TÜİK) said. Annually, consumer price inflation was forecast to be 80.5 percent.
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Inflation in Turkey Rises to 23-year High of nearly 79% in June
Turkish inflation rose year-on-year in June to a 23-year high of 78.62%, its acceleration for the 13th consecutive month boosted by the weakness of the local currency (the Turkish lira) and the negative effects of Russia's military invasion of Ukraine, which are expressed in a continued strong increase in the prices of raw materials.
Bulgaria: Annual Inflation for May jumped 15%
The annual inflation for May this year compared to May last year was 15.6%, according to national statistics.
The consumer price index in May compared to the previous month - April, was 101.2%, i.e. the monthly inflation was 1.2%. Inflation since the beginning of the year - May 2022 compared to December 2021, is 9.1%.
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Resurging inflation puts Fed on track for more big rate hikes
Red-hot U.S. inflation is showing few signs of cooling, putting the Federal Reserve on track to continue its aggressive interest rate increases to help cool high prices that are challenging Joe Biden's presidency.
Rent hikes to be limited to 25 pct, says minister
With a temporary clause to be added to existing law, rent price hikes will be limited to 25 percent, Justice Minister Bekir Bozdağ has said.
The government has been working on a solution to curb exorbitant rent increases, especially in the country's large cities, such as Istanbul, Ankara and İzmir.
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Consumer price inflation at 73.5 percent in May
Consumer prices in Turkey increased by 2.98 percent in May, slowing from the 7.25 percent month-on-month increase recorded in April, according to data from the Turkish Statistical Institute (TÜİK) on June 3.
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Cap on rent hike to be introduced, says minister
Authorities are working on a new regulation that would introduce a cap on rent increases, Justice Minister Bekir Bozdağ has said.
"The limit in rent hikes will be based on the inflation rate, and this will be a temporary measure," Bozdağ told reporters in the Central Anatolian province of Yozgat.
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