Retail price index

Retail prices in Istanbul rise 3.6 percent in May

Retail prices in Istanbul increased by 3.59 percent month-on-month in May, slowing from 4.5 percent in April, data from the Istanbul Chamber of Commerce (İTO) have shown.

The annual increase in retail prices in the country's largest city accelerated from 78.8 percent in April to 70.33 percent last month, while prices have risen 25.4 percent since the end of 2023.

Annual growth in agriculture input costs slows

The downward trend in the annual increase in the costs in the agriculture sector continued in June, data from the Turkish Statistical Institute (TÜİK) have shown.

The agricultural input price index rose by 27.7 percent in June from a year ago, easing from the 33.2 percent year-on-year rise recorded in the previous month.

Slowdown of Annual Inflation in Bulgaria to 16% in February

In February, annual inflation in Bulgaria slowed down to a 9-month low of 16.0% compared to 16.7% in January, according to the data of the National Statistical Institute. This is the lowest annual inflation rate since May 2022.

On a monthly basis, however, there was an increase in consumer prices by 0.8% compared to the first month of 2023, when inflation rose by 1.4%.

Turkey inflation rises to nearly 70 percent in April

Turkey's annual consumer price inflation increased from 61.1 percent in March to 69.97 percent in April, the Turkish Statistical Institute (TÜİK) has reported.

Consumer prices increased by 7.25 percent on a monthly basis in April, after increasing by 5.46 percent in March. The monthly inflation rates were 11.1 percent in January and 4.8 percent in February.