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Inflation in Türkiye increased for the first time in last 9-months

Inflation in Türkiye increased for the first time in last 9-months

03 August 2023 11:18 (UTC +04:00)

Türkiye inflation soared to 9.49% in July for the first time in the last 9-months, rising slightly more than forecast, according to official data showed on Thursday, APA-Economics reports citing Business Recorder.

Annual CPI inflation rose to 47.83%, according to the data from the Türkiye Statistical Institute, after declining for eight months to a level of 38.21% in June.

The poll forecast a rise to 47.3%.

Rahim Tariverdiyev

inflation Türkiye

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