According to the statistics released by the Turkish Statistical Institute (TUIK), in May this year the consumer price index (CPI) for Turkish industry in general increased by 0.89 percent month on month, while annual inflation increased to 16.59 percent.
Among the main product groups, the highest month-on-month increase was seen in the transportation group with 2.56 percent, while the highest year-on-year increase was registered in the transportation group with 28.39 percent.