In January, the annual inflation was 30.65 percent.

In January, the consumer price index (CPI) increased by 4.84 percent monthly and by 30.65 percent annually. The Turkish Statistical Institute (TUIK) announced the Consumer Price Index data for January. According to this, the change in the CPI was a 4.84 percent increase from the previous month, a 4.84 percent increase from December of the previous year, a 30.65 percent increase from the same month of the previous year, and a 33.98 percent increase compared to the twelve-month averages. The CPI increased by 31.69 percent annually in food and non-alcoholic beverages. The annual changes in the three main expenditure groups with the highest weight were a 31.69 percent increase in food and non-alcoholic beverages, a 29.39 percent increase in transportation, and a 45.36 percent increase in housing, water, electricity, gas, and other fuels. The contributions of the relevant main expenditure groups to the annual change were 7.82 percentage points for food and non-alcoholic beverages, 4.64 ...