Tuesday, 02 January 2024 12:17 GMT

Turkey’s annual inflation rate drops to thirty per cent


(MENAFN) Türkiye’s annual inflation rate eased to 30.89% in December, down from 31.07% in November, according to official data from TurkStat released Monday.

A recent Anadolu survey had projected inflation at 31%. Among major consumer categories, prices rose 28.31% for food and non-alcoholic beverages, 28.44% for transportation, and 49.45% for housing over the year. These categories contributed 7.07%, 4.36%, and 7.52%, respectively, to the annual inflation figure.

Month-on-month, consumer prices increased 0.89% in December, slightly above November’s 0.87%. The 12-month average inflation rate for 2025 stood at 34.88%, down significantly from 58.51% in 2024.

MENAFN05012026000045017281ID1110555881



MENAFN

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search