Turkey releases January inflation rates

Turkey releases January inflation rates

Turkey's State Institute of Statistics (DIE) announced inflation rates according to the new index. Based on the data, the producer price index (PPI) fell 0.41% in January, while the consumer price index (CPI) rose 0.55%. Annual inflation, according to 12-month averages, is 8.5% in terms of CPI and 14.55% in terms of PPI.