Breaking News... TurkStat has announced May inflation!
The inflation data for May, announced by the Turkish Statistical Institute (TurkStat), has been released. Monthly inflation, which was recorded at 4.18 percent in April, stood at 1.71 percent in May.
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The Turkish Statistical Institute (TurkStat) has shared the May inflation data, which is closely followed by millions of citizens and the markets, with the public.
According to the released data, the monthly increase in consumer prices in May was recorded at 1.71 percent.
TURKSTAT ANNOUNCED MAY DATA
According to the data published by TurkStat, the inflation rate for May was calculated at 1.71 percent.
The inflation figures, which are closely monitored by economic circles and citizens, revealed the latest picture regarding the course of price movements.
A DECREASE WAS OBSERVED COMPARED TO APRIL
The monthly inflation rate for the previous month, April, had been announced as 4.18 percent.
The 1.71 percent rate recorded in May was lower than the level seen in April.