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Annual inflation hits 10.43 percent in Turkey

Business Materials 5 March 2012 16:10 (UTC +04:00)

Azerbaijan, Baku, March 5 / Trend, A.Taghiyeva /

The Consumer Price Index (CPI) in Turkey increased by 10.43 percent in February 2012 compared to the same month in 2011, the Turkish Statistical Institute's report on its website says on Monday.

Inflation hit 0.56 percent in February compared to the previous month.

The highest increase in consumer prices - 2.08 percent - was observed in food and soft drinks in February.

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 0.46 percent, and in other service sectors at 0.37 percent, in sale of furniture and domestic appliances - 1.04 percent, and in the sphere of transport - 0.33 percent.

Compared to the same month in 2011, the CPI increased by 18.51 percent in February in the alcoholic beverage and tobacco goods sector, by 17.10 percent - in other service sectors, 11.30 percent - in transport sector, 11.17 percent in food and soft drinks sector, 11.79 percent - sale of furniture and domestic appliances.

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