Emphasizing that inflation affects daily life deeply, the vicious cycle of interest and inflation was highlighted in the report, and it was stated that they will continue to share the researches with the public regarding the lawsuit filed by TURKSTAT.
Inflation Research Group (ENAG), which came to the agenda with the lawsuit filed by TURKSTAT after the economic data announced recently, shared its weekly economic report with the public. It was noted that the effects of interest, inflation and economic contraction caused by the pandemic were not fully reflected on the citizens. While it was emphasized in the report that inflation rates deeply affect daily life, it was stated that the economic stagnation experienced with the Kovid-19 epidemic, along with the increasing unemployment rate and increasing prices began to be felt in the economy.
THERE IS NO DIFFERENCE BETWEEN MANUFACTURER AND CONSUMER PRICE INDEX
In the report, which pointed out that the inflation figures announced by TURKSTAT are in an upward trend, "It is possible to see that the difference between producer and consumer prices has actually disappeared, and the D-PPI inflation rate, which is around 35 percent, is reflected in consumer prices in a short time." it was said.
ENAG WILL CONTINUE ITS RESEARCH
In the report, where a brief information was given about the lawsuit announced by TURKSTAT, it was stated that ENAG will continue its own measurements, and it was noted that they will continue to find solutions for our country by presenting the resulting data to academic platforms.