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Mubasher: Inflation in Turkey accelerated, but less than expected, last month, the first increase in the consumer price index in four months.
In Turkey, the consumer price index rose by 16.65% in July from 15.85% in June, the lowest level in the country, Monday's data showed. statistical office of the country, Turkestat. About a year.
Inflation in Turkey is expected to accelerate to 16.9% in July.
The diversified commodity price index rose 26.93% in July, then the household furniture and equipment index rose 25.41%.
However, on a monthly basis, inflation rose from 0.55% the previous month to 1.36% last month.
Analysts had forecast that the inflation rate in Turkey would be 1.6% last month on a monthly basis.
In separate data, Turkey's producer price index (PPI) was 21.66% in July compared with 25% a month earlier.
Around 16:56 GMT, the Turkish lira lost more than 0.2% against the US dollar, bringing the greenback to 5.5717 pounds.
Direct (economy)
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