Price indices
Consumer confidence declines in June
The consumer confidence index that inched up 0.4 percent in May declined by 6.2 percent monthly in June, according to data released on June 22.
The index, which stood at 81.7 in June 2021, declined from 67.8 in May to 63.4, this month, showed the regular consumer tendency survey conducted jointly by the Central Bank and the Turkish Statistical Institute (TÜİK).
- Read more about Consumer confidence declines in June
- Log in to post comments
Bulgaria: Annual Inflation for May jumped 15%
The annual inflation for May this year compared to May last year was 15.6%, according to national statistics.
The consumer price index in May compared to the previous month - April, was 101.2%, i.e. the monthly inflation was 1.2%. Inflation since the beginning of the year - May 2022 compared to December 2021, is 9.1%.
- Read more about Bulgaria: Annual Inflation for May jumped 15%
- Log in to post comments
Resurging inflation puts Fed on track for more big rate hikes
Red-hot U.S. inflation is showing few signs of cooling, putting the Federal Reserve on track to continue its aggressive interest rate increases to help cool high prices that are challenging Joe Biden's presidency.
Rent hikes to be limited to 25 pct, says minister
With a temporary clause to be added to existing law, rent price hikes will be limited to 25 percent, Justice Minister Bekir Bozdağ has said.
The government has been working on a solution to curb exorbitant rent increases, especially in the country's large cities, such as Istanbul, Ankara and İzmir.
- Read more about Rent hikes to be limited to 25 pct, says minister
- Log in to post comments
Consumer price inflation at 73.5 percent in May
Consumer prices in Turkey increased by 2.98 percent in May, slowing from the 7.25 percent month-on-month increase recorded in April, according to data from the Turkish Statistical Institute (TÜİK) on June 3.
- Read more about Consumer price inflation at 73.5 percent in May
- Log in to post comments
Eurostat: Inflation in Greece in April at 9.4%
Inflation in Greece jumped to 9.4% in April, according to Eurostat data. At the same time in the eurozone reached 7.5%.
According to official Eurostat data released today, the harmonized index of consumer prices continued its upward trend and climbed to 9.4% against a performance of -1.1% in the corresponding month of 2021.
- Read more about Eurostat: Inflation in Greece in April at 9.4%
- Log in to post comments
Bulgaria: Over 12% is the Annual Inflation in March
The annual inflation for March 2022 compared to March 2021 in Bulgaria is 12.4%, according to the National Statistical Institute.
The consumer price index for March 2022 compared to February 2022 is 102.2%, i.e. monthly inflation is 2.2%, Inflation since the beginning of the year (March 2022 compared to December 2021) is 5.2%.
Economic morale skids to 98.2 points in February
Economic confidence index dropped 2.6 percent month on month in February, according to figures released by the Turkish Statistical Institute (TÜİK) on Feb. 25.
From 100.8 last January, the index fell to 98.2, official data showed. A rating above 100 indicates an optimistic outlook for the overall economic situation, while a value below 100 indicates a negative assessment.
- Read more about Economic morale skids to 98.2 points in February
- Log in to post comments
Rents reach super-high levels across United States
In the 50 largest U.S. metro areas, median rent rose an astounding 19.3 percent from December 2020 to December 2021, according to a Realtor.com analysis of properties with two or fewer bedrooms.
- Read more about Rents reach super-high levels across United States
- Log in to post comments
Bulgaria: Fruits and Vegetables are becoming more Expensive
Every regular consumer of fruits and vegetables has found that with each passing summer when many of these products are in real season, they become more expensive. And this is despite the frequent complaints of local producers about unregulated and cheaper imports or subsidized by the state.