TurkStat Announces June Inflation Figures

The Turkish Statistical Institute announced the highly anticipated June inflation figures after breaking the record for decades. Inflation in June was higher than in May.

Turkish Statistical Institute, eagerly awaited June inflation announced the rates today. Inflation, which broke the record of the last 20 years in the past months and slowed down in May compared to previous months, was higher this month than in May.

According to TUIK data, monthly consumer inflation in April was 4.95%. If annual inflation is 78.62%reached . While the domestic producer price index increased by 6.77% on a monthly basis, it increased by 138.31% on an annual basis.

This month’s record-breaking delivery:

According to the data shared by TURKSTAT, the spending group with the highest price increase in Junetransportation‘ happened. Accordingly, the prices of this group increased by 10.59% in one month. While the group that followed the transportation was housing, restaurants and hotels followed it.

On an annual basis, the highest increase is as of June. in transportation seen. The transportation group saw an annual increase of 123.37%. The group following transportation was food with 93.93% and household goods with 81.14%.

Increase in products and expenditure groups:

The main expenditure groups with the highest increase in April

june inflation

  • Transportation – 10.59%
  • Housing – 8.34%
  • Restaurants and hotels – 5.42%
  • CPI – 4.95%
  • Miscellaneous goods and services – 4.42%
  • Houseware – 3.96%
  • Communication – 3.64%
  • Alcoholic beverages and tobacco – 2.61%
  • Education – 2.43%
  • Food and non-alcoholic beverages – 2.09%
  • Entertainment and culture – 2.02%
  • Health – 1.97%
  • Clothing and shoes – 0.18%

The main expenditure groups with the highest increase in the last 12 months

inflation

  • Transportation – 123.37%
  • Food and non-alcoholic beverages – 93.93%
  • Household goods – 81.14%
  • Restaurants and hotels – 79.55%
  • CPI – 78.62%
  • Alcoholic beverages and tobacco – 70.99%
  • Housing – 75.09%
  • Miscellaneous goods and services – 70.99%
  • Entertainment and culture – 63.67%
  • Health – 39.34%
  • Education – 27.76%
  • Clothing and shoes – 26.99%
  • Communication – 23.74%

The products with the highest prices:

  • City gas and natural gas – 24.80%
  • Fuel and oils of personal transport vehicles – 21.88%
  • Tea and other brewed beverage types – 19.49%
  • Fresh milk – 15.22%
  • Electricity – 15.01%
  • Intercity passenger transport by rail – 13.80%
  • Fruit and vegetable juices – 13.13%
  • Butter – 12.46%
  • Cheese – 12.41%
  • Intercity passenger transport by road – 10.80%

The inflation rate in May was 2.97% on a monthly basis and 73.50% on an annual basis:

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TurkStat Announces May Inflation Rate: Here are the Products with the Most Increase in Prices in the Last Month


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