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English Last updated 23:30
04.11.2004
Bitter Surprise In TEFE

The Consumer Price Index (TUFE) increased in October by 2.22 % and Wholesale Index (TEFE) by 3.33 %. The monthly inflation in consumer prices went up to its highest level in 21 months and wholesale prices in 19 months.

Consequently the yearly inflation in consumer prices became 9.86 % and in wholesale prices, 15.48 %. Agriculture produce prices and public price raises was effective in the increase of the inflation.

October inflation rates reduced the expectations in both consumer prices and wholesale prices and started to threaten the Government’s target for the yearly consumer price index 10 % and whole sale price index of 13.5 %.

The core inflation, which is the increase in the private sector production industry, has become 1.4 % in October.

 
(Hürriyetim)


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