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Global Economy

Inflation assessment from the Central Bank

The Central Bank published its monthly price developments assessment for December, which reached 36.08% on an annual basis in CPI. It was noted that the most significant contribution to the rise in inflation came from the core goods and food subgroup. And the effect of exchange rates has been pointed out.

In the Central Bank’s assessment, it was stated that “While the effects of exchange rate developments were felt on many items in this period, prices in the core goods group with high exchange rate pass-through increased at a high rate, especially in the lead of durable consumer goods.”

Merkez Bankası'ndan enflasyon değerlendirmesi

It is stated that the increase in automobile prices among durable consumer goods draws attention. “While annual inflation in the food group remained relatively mild in fresh fruit and vegetable items, it increased significantly in items excluding fresh fruit and vegetables due to input costs. ‘ was found.

And as a result of the depreciation of the Turkish Lira, the high course in commodity prices and the ongoing disruptions in the supply chains, the pressures stemming from producer prices remained quite strong.

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