The consumer price index (CPI) increased by 1.27 percent last month over October and the producer price index (PPI) rose by 1.29 percent in the same period, according to numbers released by the Turkish Statistics Institute (TurkStat) on Thursday.
Compared to figures for November of last year, the CPI increased by 5.53 percent and the PPI by 1.51 percent. As for the cumulative figures for the first 11 months of the year, the CPI increased by 5.96 percent over December 2008, and the PPI increased by 5.24 percent in the same period. The 12-month moving average inflation rate was 6.53 percent for the CPI and 1.37 percent for the PPI.
October saw the highest monthly increase in the CPI for clothing and footwear -- 4.55 percent over the previous month. The consumer price indices rose for food and non-alcoholic beverages by 2.21 percent; for miscellaneous goods and services by 1.80 percent; for transportation by 1.25 percent; for housing by 0.69 percent; for hotels, cafés and restaurants by 0.44 percent; for education by 0.08 percent; for communication by 0.03 percent and for health services by 0.02 percent. The CPI decreased for alcoholic beverages and tobacco by 0.01 percent; for recreation and culture by 0.30 percent and for furnishings and household equipment by 0.73 percent.
The highest year-on-year rise in the CPI was seen for alcoholic beverages and tobacco -- 20.96 percent in November this year compared to the same month of last year. Miscellaneous goods and services and recreation and culture also saw high year-on-year increases in their CPI indices last month, by 14.87 percent and 9.99 percent, respectively.
The agriculture sector saw a 12.09 percent rise in the PPI last month compared with December 2008, and a rise of 3.77 percent was seen in the industrial sector. The 12-month moving average inflation rate was 1.22 percent for the PPI in the agriculture sector and 1.44 percent for the PPI in the industrial sector. The PPI in the agricultural sector increased by 8.87 percent in November this year compared to the same month of 2008 and the industrial sector saw a 0.07 percent drop in the PPI in the same period.
The highest monthly increase in the PPI of industrial activities was recorded as 6.95 percent for the coke and refined petroleum index.
