While the consumer price index increased by 6.7% in January, it reached a total of 64.86% for the year. The Turkish Statistical Institute (TUIK) announced the consumer price index figures for January.
Accordingly, the change in the consumer price index in January this year compared to the previous month was 6.70%, compared to December of last year 6.70%, compared to the same month of the previous year 64.86%, and compared to the twelve-month period 54.72%. The main group that had the least increase compared to the same month last year was clothing and footwear, with an increase of 40.62%. On the other hand, the main group with the highest increase compared to the same month last year was restaurants and hotels, with an increase of 92.27%.
Announcement of Turkey's January inflation rate.
While the consumer price index rose by 6.7 percent in January, it reached a total of 64.86 percent for the year. The Turkish Statistical Institute (TUIK) has announced the consumer price index figures for the month of January.
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In terms of major expense groups, the group that showed the least increase in January 2024 compared to the previous month was clothing and footwear, with a decrease of 1.61 percent.
On the other hand, the main group with the highest increase in January compared to the previous month was health and wellness, with an increase of 17.68 percent. The change in the consumer price index, excluding non-processed food products, energy, alcoholic beverages, tobacco, and gold in January 2024 compared to the previous month was 6.85 percent, compared to December of the previous year it was 6.85 percent, and compared to the same month last year it was 67 percent. Additionally, based on the average of 0.68 and the 12-month average from the previous year was 59.60 percent.
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