Annual inflation rate in Turkey reaches 16.65 percent in July

Tuesday, 06 August 2019 15:50:17 (GMT+3)   |   Istanbul

According to the statistics released by the Turkish Statistical Institute (TUIK), in July the consumer price index (CPI) for Turkish industry in general increased by 1.36 percent month on month, while annual inflation reached 16.65 percent.

Among the main product groups, the highest month-on-month increase was seen in the transportation with 4.46 percent, while the highest year-on-year increase was registered in miscellaneous goods and services with 26.93 percent.

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