TURKEY’S INFLATION RATE EXCEEDS 9 PERCENT
Turkey’s inflation rate exceeds 9 percent
ISTANBUL — Turkey's Statistical Institute (TurkStat) announced the consumer price index data for November 2014 on Wednesday, indicating that it increased by 9.15 percent compared to the same month in 2013. Prices increased by 0.18 percent in November 2014 and by 8.8 percent on average over the past 12 months. With the arrival of cold weather, the highest monthly increase was in the clothing and footwear category at 4.11 percent while the highest monthly decrease was announced in transportation at 1.79 percent.
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