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Inflation in Turkey hits 0.56 percent in January

Business Materials 3 February 2012 14:30 (UTC +04:00)

Azerbaijan, Baku, Feb.3 / Trend, A. Taghiyeva /

The Consumer Price Index (CPI) in Turkey has increased by 10.61 percent in January compared to the same month in 2011, the Turkish Statistical Institute's report on its website says.

Inflation hit 0.56 percent in January 2012 compared to the previous month.

The highest increase in consumer prices - 2.06 percent - was observed in the transport sector in January.

A CPI increase was observed in the entertainment and culture sector at 0.83 percent, in housing at 1.32 percent, in the restaurant and hotel business at 0.75 percent, and in other service sectors at 1.79 percent.

Compared to the same month in 2011, the CPI increased by 18.53 percent in January in the alcoholic beverage and tobacco goods sector, as well as in other service sectors, the transport sector and in the food and soft drinks sector.

The CPI decreased in the alcoholic beverage and tobacco goods sector by 0.01 percent, as well as in health care.

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