Turkey October inflation 2.58% month on month, 29.77% annually
According to the Turkish Statistical Institute (TÜİK), inflation in Turkey rose 2.58% month on month in October and 29.77% year on year.
Economists taking part in the AA Finans Inflation Expectations Survey had forecast that consumer prices would rise 2.20% month on month in October. The monthly figure published by TÜİK came in above that forecast.
TÜİK had earlier reported September inflation at 1.84% month on month and 29.73% year on year. Compared with September, the October figures show increases on both the monthly and annual measures.
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