Turkey's annual inflation rate fell to 9.26 percent in September 2019 from 15.01 percent in the previous month. It was the lowest rate since January 2017.
Inflation slowed for: food & non-alcoholic beverages (9.52 percent vs 17.22 percent in August); housing, water, electricity, gas & other fuels (10.34 percent vs 14.02 percent); furnishing, household equipment, routine maintenance of the house (8.66 percent vs 20.13 percent); hotels, cafes & restaurants (14.87 percent vs 18.52 percent); clothing & footwear (2.85 percent vs 4.70 percent); and miscellaneous goods and services (14.98 percent vs 20.98 percent).
In addition, transport prices dropped 0.66 percent, after a 6.72 percent advance in the previous month.
Annual core inflation rate, which excludes energy, food and non-alcoholic beverages, alcoholic beverages, tobacco and gold, eased to 7.54 percent in September from 13.60 percent in August. That was the lowest rate since December 2016.
On a monthly basis, consumer prices went up 0.99 percent, following a 0.86 percent gain in August. The highest monthly price increase was recorded for housing, water, electricity, gas & other fuels (2.15 percent), followed by clothing & footwear (2.13 percent), miscellaneous goods & services (2.09 percent), alcoholic beverages & tobacco (1.79 percent) and transportation (1.61 percent).
10/3/2019 7:19:44 AM