Turkey: Inflation increased by 15.61 percent annually in February

Published 2021년 3월 3일

Tridge summary

The Consumer Price Index (CPI) in Turkey rose by 15.61% year-on-year in February, with the highest increase seen in bell peppers at 26.96%. The sectors with the highest increase compared to the previous year were household goods, transportation, and various goods and services, at 23.74%, 22.47%, and 20.61% respectively. Meanwhile, education, clothing, and communication saw lower increases. The average price of 117 items out of 415 covered in the index decreased, while the average price of 35 items remained unchanged, and the average price of 263 items increased.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Consumer Price Index (CPI) increased by 15.61 percent annually in February. While the monthly increase in the index was 0.91 percent, the highest increase was the bell pepper with 26.96 percent. Turkey Statistics Institute (TUIK) announced that February 2021 Consumer Price Index (CPI) 0.91 percent compared to the previous month, was held 15.61 percent increase compared to the same month of the previous year. The main groups with higher increase compared to the same month of the previous year were household goods with 23.74 percent, transportation with 22.47 percent and various goods and services with 20.61 percent, respectively. Food and non-alcoholic beverages increased 18.40 percent. On the other hand, the other main groups with low increase compared to the same month of the previous year were education with 6.13 percent, clothing and shoes with 6.31 percent and communication with 7.15 percent. The highest monthly increase in health and food were health, food and ...

Source: Sondakika