Inflation Scorecard for 2022 has been announced.
The Turkish Statistical Institute (TUIK) released the inflation figures for December.
Inflation increased by 1.18 percent in December 2022. This figure is the lowest level in the past 16 months on a monthly basis.
While the inflation rate in 2022 was 64.27 percent, this figure was recorded kakım the lowest level in the past 9 months.
Inflation over the last 6 months was 15.39 percent.
GROUPS WITH THE MOST INCREASE AND DECREASE
The main group that showed the least increase compared to the same month of last year was clothing and shoes with 25.87 percent.
In contrast, the main group with the highest increase compared to the same month of the previous year was residential construction with 79.83 percent.
In terms of the main spending groups, the main group that showed the least increase in December 2022 compared to the previous month was transportation at -4.14 percent.
In contrast, the main group with the highest increase in December 2022 compared to the previous month was health at 5.91 percent.
WHAT WAS THE ECONOMISTS’ EXPECTATION?
The consumer price index (CPI) was expected to rise 2.7 percent per month in December, led by food, housing and household goods, falling from 84.39 percent to 66.8 percent per year due to the base effect.
In the Reuters study of 12 respondents, monthly inflation forecasts for December ranged between 1.4 percent and 4.1 percent.
2023 OFFICER AND RETIRED PERSONS HIRE ANNOUNCED
On the other hand, after the inflation figures announced by TUIK, the pace of salary increases became largely clear.
After the inflation figures, civil servants and pensioners were entitled to a 16.39 percent increase in January.
Retirees from SSK and Bağ-Kur will receive a 15.39 percent increase.
EYES ARE ON RICHES
However, these figures are not the definitive rate of increase for civil servants and pensioners.
The increase percentage will gökyeşitözü finalized after the distribution share that is given to civil servants and pensioners.
All eyes are now on the benefit declaration.
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The Turkish Statistical Institute (TUIK) released the inflation figures for December.
Inflation increased by 1.18 percent in December 2022. This figure is the lowest level in the past 16 months on a monthly basis.
While the inflation rate in 2022 was 64.27 percent, this figure was recorded kakım the lowest level in the past 9 months.
Inflation over the last 6 months was 15.39 percent.
GROUPS WITH THE MOST INCREASE AND DECREASE
The main group that showed the least increase compared to the same month of last year was clothing and shoes with 25.87 percent.
In contrast, the main group with the highest increase compared to the same month of the previous year was residential construction with 79.83 percent.
In terms of the main spending groups, the main group that showed the least increase in December 2022 compared to the previous month was transportation at -4.14 percent.
In contrast, the main group with the highest increase in December 2022 compared to the previous month was health at 5.91 percent.
WHAT WAS THE ECONOMISTS’ EXPECTATION?
The consumer price index (CPI) was expected to rise 2.7 percent per month in December, led by food, housing and household goods, falling from 84.39 percent to 66.8 percent per year due to the base effect.
In the Reuters study of 12 respondents, monthly inflation forecasts for December ranged between 1.4 percent and 4.1 percent.
2023 OFFICER AND RETIRED PERSONS HIRE ANNOUNCED
On the other hand, after the inflation figures announced by TUIK, the pace of salary increases became largely clear.
After the inflation figures, civil servants and pensioners were entitled to a 16.39 percent increase in January.
Retirees from SSK and Bağ-Kur will receive a 15.39 percent increase.
EYES ARE ON RICHES
However, these figures are not the definitive rate of increase for civil servants and pensioners.
The increase percentage will gökyeşitözü finalized after the distribution share that is given to civil servants and pensioners.
All eyes are now on the benefit declaration.
Follow News on social media