Turkish inflation rises to 15.85 pct in July

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The annual inflation in Turkey surged to 15.85 in July, according to official data released on Aug. 3.

“A rise in general index was realized in Consumer Price Index [2003=100] in the previous month by 0.55 percent, in December of the previous year by 9.77 percent, in same month of the previous year by 15.85 percent and in the 12 months moving averages basis by 12 percent in July 2018,” the Turkish Statistical Institute (TÜİK) said in its statement.

Core inflation, which excludes volatile items such as food, energy and gold, was 15.1 percent in July, up from 14.6 percent…

Read more : Hurryiet Dailynews, 03.08.2018