Türkiye sees 9-month low in annual inflation

Türkiye sees 9-month low in annual inflation

Annual, monthly rates at 64.27%, 1.18%, respectively, in last month of 2022

By Gokhan Ergocun

ISTANBUL (AA) - Annual inflation in Türkiye was at 64.27% in December, down from 84.39% in November, official figures showed on Tuesday.

According to the Turkish Statistical Institute (TurkStat), last month's figure was the lowest since April, when it was 69.97%.

Monthly inflation was at 1.18% in December, down from 2.88% in November.

The greatest annual price increase was in housing with 79.83%, followed by food and non-alcoholic beverages with 77.87% and home furniture with 73.02%.

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