Istanbul inflation was 78.62 percent in February

in Istanbul in February 2023; The Istanbul Means of Wage Index, which is an indicator of retail price movements, increased by 3.83% compared to the previous month, while the Wholesale Price Index, which reflects price movements wholesalers, increased by 2.38%.

Compared to February 2022, the change rate compared to the same month of the previous year, which shows the price changes in February 2023, was 78.62 percent in the Chamber of Commerce Lifetime Salary Index of Istanbul (ITO) based on 1995 and 78.69 percent. percent in the Wholesale Price Index.

Thus, annual inflation in Istanbul decreased slightly from 79.68 percent in January.

CHANGES IN RETAIL PRICES

In February 2023, in retail prices compared to the previous month; 8.01 percent in Expenses in Health and Personal Care, 5.37 percent in Food Expenses, 4.61 percent in Expenses in Culture, Education and Entertainment, 4.53 percent in Household Expenses, 0.92 percent in Housing Expenses, 0.82 percent in Other Expenses, An increase of 0.45 percent in Expenses in Transportation and Communications and an increase of 0.09 percent in Clothing Expenses was observed.

CHANGE IN WHOLESALE PRICES

In February 2023, in wholesale prices compared to the previous month; Increase of 5.63 percent in the Construction Materials Group, 3.45 percent in the Food Group, 1.20 percent in the Unprocessed Materials Group, 0.98 percent in the Textiles Group, 0.53 percent in the Fuels and Energy Substances Group, -2.51 percent in the Chemicals Group. in Grupo Minas a decrease of -2.25 percent was observed.