Turkey’s annual inflation rate rises to 10.56 percent

Turkey's annual inflation rate rises to 10.56 percent

Turkey saw a 10.56% annual hike in consumer prices in November, the Turkish Statistical Institute (TurkStat) said on Tuesday.

CONSUMER INDEX ROSE

Last month, the annual inflation rose 2.01 percentage points from 8.55% in October.

The highest price increase on a yearly basis was recorded in alcoholic beverages and tobacco with 43.35% in November, according to the statistical authority.

On a monthly basis, consumer price index rose 0.38% in November.

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