Türkiye’s inflation climbs to over 83% in September - ednews.net

27 November,

(+994 50) 229-39-11

Türkiye’s inflation climbs to over 83% in September

World A- A A+

urkish annual inflation climbed below forecasts but still jumped to a new 24-year high in September, official data showed on Monday, Daily Sbah reports.

The consumer price index (CPI) rose 83.45% last month – a level last seen in mid-1998 – compared with a year earlier, the Turkish Statistical Institute (TurkStat) said, up from 80.2% in August.

Month-over-month, consumer prices rose 3.08%, the institute said, compared to a Reuters poll forecast of 3.8%. Annually, consumer price inflation was forecast to be 84.63%.

The domestic producer price index was up 4.78% month-over-month in September for an annual rise of 151.50%, the data showed.

Report a mistake by marking it and pressing Ctrl+Enter

EurasiaDiary © Must be hyperlinked when used.

Follow us:
Twitter: @Eurasia_Eng
Facebook: EurasiaEng
Telegram: @eurasia_diary