Has the rent increase rate for November been announced? How will the November 2024 rent increase rate be calculated?

The November 2024 rent increase rate will be determined alongside the October inflation data. Inflation figures, which are announced every month, play a significant role in rent hikes. The rent increase cap, which expired in July 2024, has caused activity in the markets. TÜİK uses the Consumer Price Index (CPI) and the Producer Price Index (PPI) to calculate inflation. So, what will the November rent increase rate (CPI-PPI) be?

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Has the rent increase rate for November been announced? How will the November 2024 rent increase rate be calculated?

The November rent hike is being watched with great attention. TÜİK announces the previous month's inflation figures at the beginning of each month, influencing pricing policies in many sectors. With the arrival of November, the inflation data for October, the 10th month of the year, will also be announced. In September, the Consumer Price Index (CPI) showed a monthly increase of 2.97% and an annual increase of 49.38%. So, when will the November rent increase rate be announced?

HAS THE NOVEMBER 2024 RENT HIKE BEEN ANNOUNCED, WHEN WILL IT BE ANNOUNCED?

The Turkish Statistical Institute (TÜİK) has announced the date when the October inflation data will be released. The October inflation figures will be announced on Monday, November 4, 2024, at 10:00 AM. The November rent increase rate will also be calculated following these inflation data.