Turkey: Annual inflation at 11.77% in August
Highest annual increase last month was 26.99% in miscellaneous goods and services, says TurkStat
Turkey saw an annual hike of 11.77% in consumer prices in August, the country's statistical authority announced on Thursday.
Last month, annual inflation went up 0.01 percentage points from 11.76% in July.
The highest price increase on a yearly basis was recorded in miscellaneous goods and services with 26.99% in August, according to TurkStat data.
It was followed by health at 14.68% and food and non-alcoholic beverages at 13.51%.
Last week, an Anadolu Agency survey showed that a group of 18 economists forecast an average annual climb of 11.88% in consumer prices.
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