What was the monthly inflation rate in February 2022?
In February 2022, the monthly inflation rate was 4.81. The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values.
What is the inflation rate in Turkey in 2022?
The annual inflation rate in Turkey accelerated for the 8th consecutive month to 48.69% in January of 2022, the highest rate since April of 2002 and above market forecasts of 46.68%. It compares with a much lower rate of 14.91% a year earlier, as the lira remains weak.
What is happening to consumer prices in Turkey?
It compares with a much lower rate of 14.91% a year earlier, as the lira remains weak. Transportation prices recorded the biggest increase (68.9%), followed by food and non-alcoholic beverages (55.6%) and furnishings and household equipment (54.53%). On a monthly basis, consumer prices surged 11.1%. source: Turkish Statistical Institute