Inflation in Turkey approaches to 12%

12:27 - 3.11.2020

November 3, Fineko/abc.az. This October’s consumer price index (inflation) increased by 11.89% in Turkey versus October 2019.

ABC.AZ reports with reference to the Statistics Committee of Turkey that in October the index grew by 2.13% compared with September.

It should be noted that the forecast of economists was aimed at the fact that

the consumer prices in October will rise by 11.90% on an annual basis and by 2.1% on a monthly basis.

At the same time, Turkish Central Bank's inflation forecast for the end of the year is 12.1%.

 

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