Turkiye's Annual Consumer Inflation At 11-month Low

(@FahadShabbir)

Turkiye's annual consumer inflation at 11-month low

ANKARA, Feb 3 (UrduPoint / Pakistan Point News - 3rd Feb, 2023 ) :T�rkiye's annual consumer inflation fell to 57.68% in January, an 11-month low, the county's statistical authority said Friday. The figure slowed from 64.27% in December 2022, but exceeded market estimates.

According to an Anadolu survey on Wednesday, economists projected the rate would ease to 53.26% in January. On a monthly basis, T�rkiye's Consumer price Index surged 6.65% in January, the highest figure since April 2022.

A group of 11 economists had forecast a 3.66% month-on-month hike in consumer prices last month.