September Inflation Rates and Changes in Consumer Prices
The consumer price index increased by 1.84 percent on a monthly basis in September, while the annual inflation rate stood at 29.73 percent.
Consumer prices rose by 1.84 percent in September compared to the previous month, and annual inflation was announced as 29.73 percent.
September Consumer Price Increase
Official data confirmed that the consumer price index experienced a 1.84 percent increase in September compared to the previous month.
Status of the Annual Inflation Rate
According to the latest data released, annual consumer inflation completed the period at the level of 29.73 percent.
Market Expectations and Actual Data
While the monthly inflation expectation of institutions participating in the Bloomberg HT survey was at the level of 2.20 percent, the annual inflation expectation had been forecast as 30.30 percent.
Annual Core Inflation Level
Along with the inflation data, it was observed that the annual core inflation indicator also declined to the level of 28.70 percent in the same period.