Türkiye's annual inflation at 79.6% in July
- Economy
- Anadolu Agency
- Published Date: 11:02 | 03 August 2022
- Modified Date: 11:08 | 03 August 2022
Türkiye's annual inflation rate was at 79.6% in July, up from 78.6% in June, official figures revealed on Wednesday.
The consumer price index saw a 2.37% rise on a monthly basis, according to the Turkish Statistical Institute (TurkStat).
An Anadolu Agency survey predicted that the consumer price index would rise 3.4% in July, while the economists surveyed forecast annual inflation would climb to 81.42%.
The lowest annual increase was in the communication sector with 25.79%.
It was followed by the education sector with 26.82%, clothing and footwear with 32.09%, and health with 48.44%.
The largest annual rises were seen in transportation with 119.11%, food and non-alcoholic beverages with 94.65%, and furnishings and household equipment with 88.35%.