Annual inflation in Turkey rate It rose less than expected pace but still jumps to 24-year high in mayo, official The data showed on Friday.
Consumer price CPI rose 73.5% in The Turkish Statistical Institute (TurkStat) said the 12 months to May.
fueled by the effects of war, rising Commodity prices and the Turkish lira declineThis is the steepest year-over-year Increase since October 1998.
Month-overThe institute said consumer prices rose monthly by 2.98% compared to a market Climate forecast of 4.8%. per year, consumer price Inflation was expected to be 76.55%.
local product price index climbed 8.76% month-on-month in mayo for annual rise of 132.16%.
Annual inflation in Turkey rate It rose less than expected pace but still jumps to 24-year high in mayo, official The data showed on Friday.
Consumer price CPI rose 73.5% in The Turkish Statistical Institute (TurkStat) said the 12 months to May.
fueled by the effects of war, rising Commodity prices and the Turkish lira declineThis is the steepest year-over-year Increase since October 1998.
Month-overThe institute said consumer prices rose monthly by 2.98% compared to a market Climate forecast of 4.8%. per year, consumer price Inflation was expected to be 76.55%.
local product price index climbed 8.76% month-on-month in mayo for annual rise of 132.16%.