Istanbul Chamber of Commerce: Istanbul inflation rate reaches 76 percent

According to the Istanbul Chamber of Commerce (ITO) data, the inflation rate in Istanbul for February recorded at 4.07%, with an annual inflation rate of 76.58%.

In February, the Istanbul Cost of Living Index, which is an indicator of retail price movements, increased by 4.07% compared to the previous month, while the Wholesale Commodity Prices Index, reflecting wholesale price movements, increased by 4.64%.

These data indicate an annual inflation rate of 76.58% in retail and 65.06% in wholesale prices.