TUIK announces inflation figure for November 2023 as 3.28 percent

The inflation figures for November have been announced. The Consumer Price Index (CPI) increased by 3.28 percent in November, reaching an annual rate of 61.98 percent. Accordingly, the changes in the CPI in November were 3.28 percent compared to the previous month, 60.09 percent compared to December of the previous year, and 61.98 percent compared to the same month of the previous year. The twelve-month average change was 53.40 percent.

The main group with the least increase compared to the same month of the previous year was housing, with an increase of 37.54 percent. In contrast, the main group with the highest increase compared to the same month of the previous year was restaurants and hotels, with an increase of 92.86 percent.

By main expenditure groups, the main group with the least increase in November compared to the previous month was clothing and shoes, with a decrease of -0.31 percent. In contrast, the main group with the highest increase compared to the previous month was housing, with an increase of 11.17 percent.

The Domestic Producer Price Index (D-PPI) increased by 42.25 percent annually and 2.81 percent monthly.

The annual changes in the four sectors of industry were as follows: mining and quarrying increased by 65.49 percent, manufacturing increased by 54.11 percent, electricity and gas production and distribution decreased by 30.00 percent, and water supply increased by 70.23 percent.