November inflation will be announced on Monday

Turkish Statistical Institute will announce November inflation figures on Monday, December 4.

Consumer Price Index increased by 3.43% on a monthly basis in October. Annual inflation was recorded as 61.36% in consumer prices.

On Monday, December 4, inflation figures for November, which will constitute the 11th inflation data of the year, will be announced.

The expectation survey regarding November inflation data was concluded with the participation of 15 economists. Accordingly, the average inflation expectations of economists in November was 3.68%. The inflation expectations of the economists participating in the survey for November ranged from a minimum of 3% to a maximum of 4.60%.

According to the average inflation expectations of economists for November, annual inflation, which was 61.36% in the previous month, is calculated to increase to 62.61%.

The year-end inflation expectation was 66.80% in November.

On the other hand, looking at the inflation data in the second half of the year, monthly inflation data increased by 9.49 in July, 9.09 in August, 4.75 in September and 3.43 in October.

Source: Trthaber / Prepared by Irem Yildiz

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