Istanbul, Oct 5 () – Consumer prices rose by 0.89 percent in September, slightly above the expectations at around 0.75-0.80 percent level. Also, domestic producer prices rose by 1.53 percent in September.
According to data released by Turkstat, annual inflation reached the 7.95 percent level as of end of September. Meanwhile, consumer prices rose by 6.21 percent in the first nine months of the year and on the twelve months moving averages basis by 7.80 percent.
Highest monthly rise in transportation and miscellaneous goods
The highest monthly rise was with 1.93 percent in transportation and miscellaneous goods and services in Sept. 2015. Also, the indices rose for food and non-alcoholic beverages by 1.24 percent, for furnishings and household equipment by 1.16 percent, and for recreation and culture by 1.16 percent. However, the index fell only for clothing and footwear amongst the main groups by 2.76 percent
According to the data, the highest annual upsurge was with 13.99 percent in hotels, cafes and restaurants.
Average prices of 62 items remained stable, amongst 426 items
A high annual increase was also registered in miscellaneous goods and services with 11.23 percent, food and non-alcoholic beverages with 10.73 percent, recreation and culture with 10.38 percent, furnishings and household equipment with 9.42 percent.
In Sept. 2015, within average prices of 426 items in the index, average prices of 62 items remained stable while average prices of 275 items rose and average prices of 89 items fell.
The Turkstat index also showed, domestic producer price index (D-PPI) rose by 1.53 percent on monthly basis, by 7.81 percent on December of the previous year basis, by 6.92 percent on same month of the previous year basis and by 5.92 percent on the twelve months moving averages basis, in Sept.