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Inflation “bites” in Turkey: It reached 70% in April

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Annual inflation rose to 70% according to official Turkish Statistics Service (TURKSTAT), while the Independent Inflation Research Group (ENAG) announced that annual inflation rose to 157%.

According to TURKSTAT data, the largest increase was in transport with 105.86%, in food and non-alcoholic never with 89.10% and household goods with 77.64%.

The lowest annual increase was recorded in the main communication group with 18.71%, in clothing and footwear with 26.23%, in education with 27.73% and in health with 35.95%.

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Source: politis.com.cy

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