Turkey's annual inflation drops to 8.55% in October
Annual consumer inflation in Turkey has reduced to 8.55% in October, the Turkish Statistical Institute (TurkStat) said Monday.
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The consumer price index (CPI) marked a sharp decline compared to 25.24% in October 2018.
The annual inflation went down 0.71 percentage points in October, down from 9.26% in September and saw an annual hike of 8.55% in consumer prices in October, the Turkish Statistical Institute (TurkStat) said Monday.
The highest annual price increase was in alcoholic beverages and tobacco with 43.60%, followed by health with 14.24%, and education with 14.20%.
The highest monthly decrease in inflation was seen in the recreation and culture category with 0.59%. (ILKHA)
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