Turkey's inflation slips to 8.55% in October

Turkeys inflation slips to 8.55% in October
Date: 4.11.2019 15:00

Annual inflation rate in Turkey drops 0.71 percentage points month-on-month in October.

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Turkey saw an annual hike of 8.55% in consumer prices in October, official figures showed on Monday.
 
The annual inflation went down 0.71 percentage points in October, down from 9.26% in September, Turkish Statistical Institute (TurkStat) said.
 
TurkStat said the highest annual price rise was recorded in alcoholic beverages and tobacco with 43.60% in the last month.
 
"Health with 14.24%, education with 14.20%, hotels, cafes and restaurants with 13.71% and miscellaneous goods and services with 13.43% were the other main groups where high annual increases realized," it said.
 
Last week, an Anadolu Agency survey indicated that a group of 14 economists had expected an average annual climb of 8.41% in consumer prices in October.

YEREL HABERLER

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