The Turkish Statistical Institute (TUIK) announced the annual inflation rate for January 2023 as 57.68 percent.
TurkStat announced the first inflation data of the year. According to the statement made by TURKSTAT, CPI rates were announced as 57.68 percent annually in January. On a monthly basis, the CPI increased by 6.65%. On the other hand, TURKSTAT stated that PPI rates increased by 4.15 percent on a monthly basis and were recorded as 86.46 on an annual basis.
TurkStat Shares Inflation Rates for January 2023
The Turkish Statistical Institute (TÜİK) announced the annual inflation rate for January 2023 as 57.68 percent and the monthly inflation rate as 6.65 percent.
TURKSTAT announced the annual inflation rate as 64.27 percent last month. According to the statements of the institution, a calming down in inflation rates was observed.