The Turkish Statistical Institute has announced the highly anticipated April inflation figures after breaking the record for decades last month. Inflation in April was more severe than in March.
The Turkish Statistical Institute announced today the highly anticipated April inflation rates. Inflation, which broke the record of the last decades last month, continued to increase to a large extent this month. Inflation, increased in the last month.
According to TUIK data, monthly consumer inflation in April 7.25% took place as If annual inflation is to 69.97% reached. Domestic producer price index on a monthly basis 7.67% on an annual basis, increasing 121.82% increased as. With these data, Turkey broke a new inflation record…
April’s record holder was food:
According to the data shared by TURKSTAT, the spending group with the highest increase in prices in Aprilfood and soft drinks‘ happened. Accordingly, the prices of this group are increased by 13.38% in one month. The group that followed the food was the residence, followed by clothing and shoes.
On an annual basis, the highest increase was seen in transportation as of April. transportation group, an annual increase of 105.86% he saw. The group following transportation was food with 89.10% and household goods with 77.64%.
In May, it was announced that inflation will decrease:
In previous statements, inflation will continue to rise until May, A gradual decline may begin from May. was specified. While we have entered the process mentioned in these statements made before the Russia-Ukraine war, the next inflation statement has already begun to be eagerly awaited.