July 2020 Inflation Rate was announced by TurkStat on Tuesday, August 4. Consumer price index (CPI) increased by 11,76% annually and 0,58% monthly. Consumer price index (CPI) increased by 11,76% annually and 0,58% monthly.
CPI (2003 = 100) in July 2020, 0,58% compared to the previous month, 6,37% compared to December of the previous year, 11,76% compared to the same month of the previous year and averages of twelve months %11,51 an increase occurred.
The lowest annual increase was in the communication group with 5,81%. Other main groups, where the increase was low compared to the same month of the previous year, were entertainment and culture with 6,04%, household goods with 7,78% and transportation with 8,81%, respectively. On the other hand, the main groups in which the increase was higher compared to the same month of the previous year were various goods and services with 21,90%, alcoholic beverages and tobacco with 21,78% and health with 14,17%, respectively.
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