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The inflation rate for October was 48.58% year-on-year.

The inflation rate for October was 48.58% year-on-year.

04.11.2024 10:12

The Turkish Statistical Institute (TÜİK) has announced the inflation figures for October, which will constitute the 10th inflation data of the year. Accordingly, the inflation rate for October increased by 2.88, resulting in an annual inflation rate of 48.58%.

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The change in the CPI in October 2024 was 2.88% compared to the previous month, 39.77% compared to December of the previous year, 48.58% compared to the same month of the previous year, and 62.02% according to twelve-month averages.



LEAST INCREASE IN TRANSPORTATION, HIGHEST INCREASE IN EDUCATION



The main group with the least increase compared to the same month of the previous year was transportation at 26.14%. In contrast, the main group with the highest increase compared to the same month of the previous year was education at 93.66%.



In terms of main expenditure groups, the main group that decreased the most in October 2024 compared to the previous month was transportation at -0.54%. In contrast, the main group with the highest increase in October 2024 compared to the previous month was clothing and footwear at 14.32%.



As of October, while there was a decrease in the index of 26 main headings, there was no change in the index of 7 main headings. However, there was an increase in the index of 110 main headings.



Details are coming...



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