Istanbul’s November inflation has been announced
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According to ITO, Istanbul’s annual inflation in November rose to 73.89 percent. This rate was 72.73 percent in October.
In Istanbul in November 2023; Istanbul Wage Earners’ Living Index, which is an indicator of retail price movements, increased by 3.79 percent compared to the previous month, and the Wholesale Prices index, which reflects wholesale price movements, increased by 2.94 percent.
According to Istanbul Chamber of Commerce (ITO) data, the rate of change compared to the same month of the previous year, which shows the price changes in November 2023 compared to November 2022, is 73.89 percent in the 1995-based Wage Earnings Index of the Istanbul Chamber of Commerce (ITO), and 73.89 percent in the Wholesale Price Index. It was 65.01 percent.
According to ITO, Istanbul’s October inflation was 3.69 percent monthly and 72.73 percent annually. Thus, inflation accelerated in November compared to the previous month.
THE GREATEST INCREASE IS IN CULTURE AND EDUCATION
In November 2023, retail prices compared to the previous month; 5.53 percent in Culture, Education and Entertainment Expenditures, 4.95 percent in Housing Expenditures, 4.95 percent in Food Expenditures
4.84 percent, 2.48 percent increase in Clothing Expenditures, 1.30 percent increase in Health and Personal Care Expenditures, 0.32 percent increase in Household Equipment Expenditures and 0.15 percent increase in Other Expenditures group, -0.52 percent decrease in Transportation and Communication Expenditures watched.
Wholesale prices in November 2023 compared to the previous month; While an increase of 14.39 percent was observed in the Construction Materials Group, 5.03 percent in the Textiles Group, 2.87 percent in the Chemical Materials Group, 2.59 percent in the Minerals Group, and 1.88 percent in the Fuel and Energy Materials Group, a -0.87 percent decrease was observed in the Unprocessed Materials Group. watched.
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