TURKSTAT Announced Inflation Data for April

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TURKSTAT Announced Inflation Data for April: Annual Increase Percentage 32,37

​ANKARA – Turkish Statistical Institute (TURKSTAT), Consumer Price Index for April (CPI) shared its data with the public. Inflation according to announced figures, continued its upward trend both on a monthly and annual basis.

​Highlights in Inflation Figures

Consumer prices in April increased by 10% compared to the previous month 4,18 increased by. Total increase in the first four months of the year (by December) percentage 14,64 while being recorded as, annual inflation percentage 32,37 reached the level. The increase compared to the twelve-month averages is percent 32,43 happened.

​Housing and Transportation Expenses are at the Peak

​When expenditure groups are examined, The increase in the items that take up the largest place in the citizen's budget is remarkable.:

​Housing, They are, Electricity and Gas: annual percentage 46,60 It was the group with the highest increase in. Percentage on a monthly basis 7,99 has increased and become the main factor driving up general inflation.

​Transportation: annual percentage 35,06 and monthly percentage 4,29 increased.

​Food and Non-Alcoholic Beverages: Percentage on an annual basis 34,55 while increasing, monthly increase percentage 3,70 took place at the level.

​Contribution Rates: The biggest contribution to annual inflation 8,72 food with points, 6,30 housing with points and 5,66 made the transportation group with points.

​There was a price increase in 147 product groups

Followed within the scope of the index 174 Price increases were observed in the majority of the lower class. As of April:

The price of the 147 subclass increased.

​The price of 19 subclasses decreased.

There was no change in the price of sub-8 classes..

​This data, It shows that price increases spread across the board in April and basic needs items continue to be the main driver of inflation..

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