TurkStat Announces Inflation Figures for November

TurkStat announced inflation data for November 2021. According to the announced data, inflation rose to 21.31 percent on an annual basis. Unfortunately, the price increase in the food and non-alcoholic beverage category, which is mandatory for everyone, continues…

Turkish Statistical Institute (TUIK), for the month of November inflation data explained. According to the statements made by the Agency, inflation is on an annual basis. 21.31 percent recorded as. According to last month’s data, there has been an increase of 3.51 percent.

When we look at the monthly change rates in the main spending groups, we see that the hike champion in November transport sector we see that. The price increase in this category was 6.31 percent compared to the previous month. In restaurants and hotels The monthly price increase was recorded as 4.1 percent. In November, the category with the least increase in price compared to the previous month alcoholic beverages and tobacco. This category experienced a price increase of 0.03 percent compared to the previous month.

Food and non-alcoholic beverage prices increased by 27.11 percent compared to November 2020

When we look at the data shared by TUIK, food and soft drinks We see that the price increases in the category continue at full speed. Because the annual price increase in this category, 27.11 percent took place as When we compare food prices with October 2021, we see an increase of 3.92 percent. The most expensive product group compared to the previous year was restaurants and hotels. The price change in this category is 28.90 percent on an annual basis.

CPI

*Graph showing how inflation has increased in the last two years. Source: TURKSTAT

According to TURKSTAT, which also announced the price change of 415 items in the index that constitutes the inflation data for November 2021. There was an increase in the price of 345 items. Stating that there is a decrease in the price of 34 items, the institution states that there is no change in the average price of 36 items. So, which products’ prices increased the most compared to the previous month?

The products with the highest price increase in November

  • Aubergine: 24.81 percent
  • Black pepper: 21.71 percent
  • LPG: 19.55 percent
  • Gem (gold): 18.45 percent
  • Tomatoes: 15.24 percent
  • Bottled gas: 14.16 percent
  • Wheat flour: 13.48 percent
  • Sunflower oil: 13.27 percent
  • Cut Sugar: 12.76 percent
  • Pet food products: 12.47 percent

The products with the lowest prices in November

  • Cauliflower: 38.76 percent
  • Spinach: 21.42 percent
  • Curly: 20.12 percent
  • Lemon: 17.54 percent
  • Leek: 14.44 percent
  • Weekly or longer tours of the dormitory: 11.72 percent
  • Red radish: 10.76 percent
  • Banana: 6.86 percent
  • Carrot: 5.58 percent
  • Onion: 4.87 percent

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Source :
https://data.tuik.gov.tr/Bulten/Index?p=T%C3%BCketici-Fiyat-Indexi-Kas%C4%B1m-2021-37389&dil=1


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