When will the inflation rate be announced? Eyes on the inflation rate for November…
The Turkish Statistical Institute (TUIK) announced the inflation figures for October. Annual consumer inflation (CPI), which was 83.45 percent in September, rose to 85.51 percent in October. This inflation rate was the new peak in 24 years. All eyes are now on the inflation figures for November.
WHEN WILL THE INFLATION RATE BE ANNOUNCED?
The inflation rate for November will be released on Monday, December 5 at 10:00 am.
THE GREATEST INCREASE IN TRANSPORTATION
The main group that showed the smallest increase compared to the same month of the previous year was communication with 33.48 percent. For its part, the main group with the greatest increase compared to the same month of the previous year was transportation with 117.15 percent.
Regarding the main spending groups, the main group that showed the smallest increase in October 2022 compared to the previous month was education with 0.36 percent. On the other hand, in October 2022, the main group with the highest increase compared to the previous month was clothing and footwear with 8.34 percent.
In October 2022, there was a decline in the Top 13 Index of the Top 144 Indexed Stocks, while the Top 4 Index was unchanged. There was an increase in the index of 127 top titles.
The variation of the CPI without unprocessed food, energy, alcoholic beverages and tobacco and gold is 3.24 percent compared to the previous month of October 2022, 50.57 percent compared to December of the previous year and 77 percent compared to the previous month. same month of the previous year. previous year 01 and 56.71 percent according to twelve-month averages.
OCTOBER HIGH VEGETABLE CHAMPION
The products that presented the highest monthly increase in the CPI were observed in vegetables with 26.23 percent.
This increase was 12.72 percent for pasta varieties, 12.38 percent for women’s clothing, 11.79 percent for stationery and drawing materials, 9.62 percent for eggs, 9.40 percent for men’s clothing, and 9.11 percent for washing machines, followed by tap water with 7.17 percent.
THE PRICE OF MOST PET PRODUCTS LOW
For its part, the product with the lowest monthly price increase in the CPI was jewelry, watches and wristwatches with 0.05 percent. Bedroom furniture followed with 0.31 percent.
The product with the greatest price decrease in October was that of pets and other related products with 19.42 percent.
The second product with the lowest price decrease was household appliances for personal use with 4.21 percent.
It was followed by interurban passenger transport by road with 2.90 percent, combined trips with 2.58 percent and margarine with 2.34 percent.