Turkey's annual inflation hits 36.08 percent, highest since 2002

Turkey
# 03 January 2022 17:25 (UTC +04:00)

Turkey's annual inflation has surged to 36.08 percent year-on-year in December, the highest level since September 2002, the Turkish Statistical Institute revealed on Monday, APA reports.

The country's consumer prices raised by 13.58 month-on-month in December, according to the data.

The producer price index increased by 19.08 percent on a monthly basis, with an annual rise of 79.89 percent, it said.

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