Price indices

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.

The Hellenic Statistical Authority announced the Turnover Index in Industry with base year 2015=100.0 for June 2022, the evolution of which on the basis of provisional data, is as follows:

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 in Britain jumped to a new 40-year high in July due to rising food prices, official statistics showed. Forecasts of a recession are added to the crisis of living costs, AFP reported.

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.

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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.

The headline construction cost index increased by 3.97 percent on a monthly basis in May, easing from the 6.12 percent rise in the previous month, data from the Turkish Statistical Insitute (TÜİK) have shown.

The annual increase in the construction cost index also slowed from 106.6 percent in April to 105.7 percent, TÜİK said.

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.

British retail sales by volume dropped in May as soaring inflation caused consumers to limit spending, especially on food, official data showed on June 24.

Sales fell 0.5 percent compared with a rise of 0.4 percent in April, the Office for National Statistics (ONS) said.
April's data was sharply revised lower after an initial estimate showed retail sales had jumped 1.4 percent.