Turkiye's annual inflation drops in September
Turkiye's annual inflation rate fell to 29.73 percent in September from 31.51 percent in August.Data from the Turkish Statistical Institute showed today that Turkiye's consumer price index r...
Turkiye's annual inflation rate dropped to 29.73 percent in September, a decline from 31.51 percent in the previous month, according to data released by the Turkish Statistical Institute. The consumer price index, which measures the rate of price changes for goods and services consumed by households, rose by 1.84 percent month-on-month in September.
This represents the first time annual consumer price inflation has fallen below 30 percent since November 2021. The producer price index, which tracks changes in the prices received by domestic producers for their output, increased by 2.07 percent in September. Economists had anticipated a 2.18 percent increase in the consumer price index for September.
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