Inflation increases in February

Inflation increases in February

The consumer price index was 0.73 percent in February compared to the previous month in Turkiye; while the domestic producer price index increased by 2.68 percent.

Consumer price index (CPI) in February 2018 recorded 0.73 percent compared to the previous month, 1.76 percent compared to December of the previous year, 10.26 percent compared to the same month of the previous year and 11.23 percent over the twelve months average increase.

The highest monthly increase was in the health group with 2.57 percent

As of main expenditure groups, food and non-alcoholic beverages increased by 2.24 percent, entertainment and culture by 1.89 percent, household goods by 1.23 percent, and restaurants and hotels by 0.95 percent.

As of main spending groups, only clothing and footwear group decreased by 4.09 percent in February 2018.

The annual increase of 15.66 percent in household goods group

According to the same month of the previous year, the main spending groups in CPI are the ones with 13.19 percent in transportation, 11.77 percent in clothing and footwear, 11.53 percent in restaurants and hotels, and 10.88 percent in education.

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