February inflation figures have been announced on a monthly and annual basis! The Turkish Statistical Institute (TUIK) announced its data on inflation figures this month, as it does on the 3rd of every month. February's inflation figures were also one of the most researched topics of today. Monthly and annual inflation data play a role in determining the price of many products and needs, from food to clothing, from housing to the automobile industry. Well, has the inflation rate for February been announced? What was the TUIK February inflation in 2023?
TUIK February 2023 inflation data
At the beginning of each month, the Turkish Statistical Institute keeps the data for the previous month. For this reason, he announced February inflation at 3:10.00 on March XNUMX.
Consumer price index (CPI) was 55,18% annually, 3,15% monthly
The change in CPI (2003=100) in February 2023 is 3,15% compared to the previous month, 10,00% compared to December of the previous year, 55,18% compared to the same month of the previous year and according to the twelve-month averages It was 71,83.
ENAG February 2023 inflation data
The Inflation Research Group (ENAG), independently formed by academics and economists, announced inflation data. According to ENAG, inflation increased by 7.21 percent in February. Annual inflation was 126.91 percent.
ITO February 2023 inflation data
According to the data announced by the Istanbul Chamber of Commerce (ITO) on March 1, 2023, retail prices in Istanbul increased by 3.83 percent monthly in February. Thus, the monthly inflation series rose to 44 months.