Turkiye's CPI soars 4.75% in September 2023

In a breakdown of the figures, the clothing and footwear category saw the smallest monthly bump, registering a 2.59 per cent increase in September. However, when analysed on an annual basis, this category witnessed a significant rise of 32.54 per cent.

Excluding unprocessed food, energy, alcoholic beverages, tobacco, and gold, the CPI saw an upsurge of 5.06 per cent from the previous month, an increase of 54.66 per cent since December of the preceding year, a jump of 67.22 per cent when compared with the same month of the last year, and a twelve-month moving average growth at 57.75 per cent for September 2023, as per Turkstat.

ALCHEMPro News Desk (DP)