The Turkish Statistics Authority announced that the consumer price index in Turkey increased by 2.88 percent last November, bringing inflation to 84.39 percent on an annual basis.
This came in the latest data revealed by the authority on Monday.
The authority stated that, looking at the average of the 12 months during the past year, consumer prices increased by 70.36 percent, and domestic producers’ prices increased by 128.94 percent.
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It indicated that the consumer price index in November increased by 62.35 percent compared to last December.
Analysts had expected an increase in inflation last November by 3.10 percent.
The consumer price index measures the changes that occur in the general level of prices based on tracking a basket that includes all goods and services consumed within a specific country.
