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Inflation is 80 percent according to TUIK, 181 percent according to ENAG: how have economists and politicians interpreted the data?

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inflation

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The Turkish Statistical Institute (TUIK) has announced CPI data for August. As a result, annual inflation was 80.21%.

According to TURKSTAT, CPI rose 1.46% in August compared to the previous month and 47.85% compared to December of the previous year.

According to TUIK data, the main group with the highest increase compared to the same month of the previous year was transport with 117%. The main group that showed the smallest increase compared to the same month of the previous year was that of communications with 27 per cent.

In August, the main group with the highest increase compared to the previous month was the healthcare group, with an increase of 7 per cent; followed by health with 6.5 per cent.

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