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The Turkish Statistical Institute (TUIK) announced inflation figures for December.
According to data announced by TURKSTAT, inflation increased 1.25 percent in December, while it was 14.60 percent annually.
In the latest inflation report recently published by the Central Bank, the inflation forecast for the end of the year was announced at 12.1 percent.
THE ONLY CLOTHING AND SHOE GROUP THAT SHOWS AN AUTUMN YEAR
The main groups with a low increase compared to the same month of the previous year were alcoholic beverages and tobacco with 0.65 percent, communication with 5.73 percent and education with 6.84 percent, respectively. On the other hand, the main groups with the greatest increase compared to the same month of the previous year were various goods and services with 28.12 percent, transportation with 21.12 percent and food and non-alcoholic beverages with 20.61 percent, respectively .
PRICE INCREASE OF 284 ITEMS
Other large groups that decreased in December 2020 by main spending groups were miscellaneous goods and services with 0.58 percent, education with 0.03 percent, and alcoholic beverages and tobacco with 0.01 percent. On the other hand, the groups with high increases in December 2020 were household items with 3.46 percent, transportation with 2.64 percent and food and soft drinks with 2.53 percent, respectively.
In December 2020, the average price of 98 items out of 418 items covered in the index decreased, while the average price of 36 items was unchanged. The average price of 284 items increased.
THE SPECIAL COMPREHENSIVE CPI INDICATOR (B) INCREASED BY 14.52 PERCENT YEARLY AND 1.11 PERCENT MONTHLY
In the CPI excluding unprocessed food, energy, alcoholic beverages, tobacco and gold, in December 2020, 1.11 percent compared to the previous month, 14.52 percent compared to December of the previous year, 14.52 percent. percent over the same month last year and an increase of 11.83 percent compared to the twelve-month averages.
