According to the statistics released by the Turkish Statistical Institute (TUIK), in December last year the consumer price index (CPI) for Turkish industry in general increased by 0.69 percent month on month, while annual inflation reached 11.92 percent.
Among the main product groups, the highest increases were seen in transportation, with 1.69 percent on month-on-month basis and 18.24 percent on year-on-year basis.