Turkey’s annual consumer inflation rate rises to 80.21% in August from 79.6% last month, recording 24-houryear-high by official data on Monday.
the number highest Since September 1998, it has been below The market Estimate as file group of Expect 14 economists on average year-over-year rise of 81.65% in Consumer prices in August, according to a survey conducted by Anadolu Agency (AA) found on Thursday.
While communication prices posted lowest annual increase with 27.05%, transportation experienced the largest rise in the prices with 116.87% according to the Turkish Statistical Institute.
On a monthly basis, Turkish consumer price The cursor is placed up 1.46% from July.
The highest The monthly rise was 7.01% in health between main While transportation recorded the lowest inflation rate with minus 1.78%, according to the Turkish Statistical Institute.
Turkey prices were fixed rising Since the drop of 16.6% in May 2021. Middle bank He said over Weekend expect inflation rate down to 65% at the end of The year.
Inflation is expected to drop to 65% this year, 24.9% in 2023, 13.8% in 2024 and 9.9% in 2025, according to the Medium Term Program (MTP), which reviewed the country’s economic goals for 2023-2025 period and published in Official Gazette on Sunday.
Turkish government’s new economic program Priority was given to production, growth and exports with Low interest rates policywith the aim of achieving a current An account surplus that is said to eventually stabilize the Turkish lira and calm inflation.
