Yılmaz: We continue our fight against inflation with determination
While August consumer inflation was 1.84 percent, the annual rate dropped to 31.51 percent.
Evaluating the August inflation data, Yılmaz stated that the fight against inflation is being carried out with determination, featuring strong inter-institutional coordination and a holistic approach.
August Inflation Data
It was reported that consumer inflation realized at a rate of 1.84 percent in August.
Annual inflation, on the other hand, recorded a decline to 31.51 percent during this period.
Food and Basic Goods Developments
The drop in fresh fruit and vegetable prices kept the food item's monthly inflation at the level of 0.22 percent.
Annual food inflation dropped by 3.7 points compared to last month.
Services and Global Factors
While services inflation maintained its horizontal course on an annual basis, transportation, rent, and education prices had an impact on a monthly basis.
Global developments and geopolitical factors continue to affect the inflation outlook all over the world.
Future Period Goals
It is aimed to make the disinflation process permanent and establish price stability on a strong foundation.
Efforts targeting low and middle-income groups continue through social housing and urban transformation practices.