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Turkey's annual inflation stands at 11.77 percent in August

Turkey's annual inflation stands at 11.77 percent in August

According to the data from TurtStat, the highest annual increase last month was 26.99% in miscellaneous goods and services.
03.09.2020 - 17:15

Turkey saw an annual hike of 11.77% in consumer prices in August, the country's statistical authority announced on Thursday.

Last month, annual inflation went up 0.01 percentage points from 11.76% in July.

FOOD AND NON-ALCOHOLIC BEVERAGES AT 13.51 PERCENT

The highest price increase on a yearly basis was recorded in miscellaneous goods and services with 26.99% in August, according to TurkStat data.

It was followed by health at 14.68% and food and non-alcoholic beverages at 13.51%.

Last week, an Anadolu Agency survey showed that a group of 18 economists forecast an average annual climb of 11.88% in consumer prices.