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Turkiye's CPI soars 9.09% MoM in August 2023: Turkstat

05 Sep '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • Turkiye's CPI for August 2023 rose sharply, increasing *.*% month-on-month and *.*% year-on-year.
  • Transportation costs recorded the highest monthly increase at *.*%, while clothing and footwear saw a relatively lower annual rise of *.*%.
  • Another CPI indicator, coverage, increased *.*% annually.

Within the various sectors, clothing and footwear experienced one of the lowest annual increases, at **.** per cent.

Transportation costs soared, recording the highest monthly increase at **.** per cent, as per Turkstat.

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