Turkey's annual inflation falls to 9.79 percent in July

Turkeys annual inflation falls to 9.79 percent in July
Date: 3.8.2017 13:00

Turkey's consumer price index (CPI) rose by 0.15 percent in July, but annual inflation eased to 9.79 percent from 10.9 percent in June, the Turkish Statistical Institute (TurkStat) announced Thursday.

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The CPI rose by 6.05 percent compared to December of the previous year and 9.44 percent on twelve months moving averages basis.
 
The highest monthly increase was in the hotels, cafes amd restaurants category with 1.75 percent, followed by recreation and culture with 1.36 percent, transportation with 1.13 percent, education with 1.05 and, furnishing and household equipment with 0.63 percent.
 
The highest monthly decrease was in the clothing and footwear category with 3.51 percent, followed by food and non-alcoholic beverages with 0.71 percent.
 
The highest annual increase was in transportation with 15.24 percent, followed by food and non-alcoholic beverages with 14.14 percent, health with 11.89, recreation and culture with 11.22, and hotels and restaurants category with 10.84.
 
Out of 414 items listed in the CPI of July, average prices of 271 items increased and average prices of 80 items decreased, while average prices of 63 items remained unchanged.

YEREL HABERLER

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