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Breaking News: Inflation in Turkey is 70 percent!

According to TÜİK, consumer inflation in April was 69.97 percent. In March, the rate was 61.14 percent. ENAG, on the other hand, announced April inflation as 156.86 percent.

Turkish Statistical Institute (TUIK) announced the inflation figures for April.

In CPI (2003=100) in April 2022, 7.25 percent compared to the previous month, 31.71 percent compared to December of the previous year, 69.97 percent compared to the same month of the previous year and 34 percent according to the twelve-month averages. There was an increase of .46.

The lowest annual increase was in the communication main group with 18.71 percent. The other main groups in which the increase was lower compared to the same month of the previous year were clothing and footwear with 26.23 percent, education with 27.73 percent and health with 35.95 percent, respectively.

On the other hand, the main groups with the highest increase compared to the same month of the previous year were transportation with 105.86 percent, food and non-alcoholic beverages with 89.10 percent, and household goods with 77.64 percent, respectively.

In terms of main expenditure groups, the main groups that showed the least increase in April 2022 were various goods and services with 0.93 percent, health with 1.31 percent and communication with 2.87 percent.

On the other hand, the main groups with the highest increase in April 2022 were food and non-alcoholic beverages with 13.38 percent, housing with 7.43 percent, clothing and shoes with 6.96 percent, respectively.

INCREASE IN 337 ARTICLES

In April 2022, out of 409 items included in the index, the average price of 27 items decreased, while the average price of 45 items remained unchanged. The average price of 337 items increased.

In April 2022, CPI excluding unprocessed food products, energy, alcoholic beverages, tobacco and gold was 5.58 percent compared to the previous month, 22.88 percent compared to December of the previous year, 57.20 percent compared to the same month of the previous year. and an increase of 30.87 percent compared to the twelve-month averages.

Inflation Research Group (ENAGrup), on the other hand, announced that consumer prices increased by 8.68 percent monthly and 156.86 percent annually in April.

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