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Turkey’s monthly inflation rate spikes in July

Turkey’s monthly inflation rate spikes in July

Finance Minister Mehmet Şimşek acknowledges the monthly increase in inflation but says it’s ‘temporary.’

ENAG January inflation rate doubles TurkStat

ENAG January inflation rate doubles TurkStat

The inflation rate was 129% according to ENAG and 64.86 according to TurkStat.

5 February 2024

Two-fold difference between inflation rate announced by TÜİK and ENAG

Two-fold difference between inflation rate announced by TÜİK and ENAG

According to TÜİK (Turkish Statistical Institute), the annual inflation is 64.77%, while according to ENAG (alternative research institution), it is 127.21%. With the rates announced by TÜİK, the salary increases for retirees and civil servants have also become clear.

Turkey's official inflation rate rises by over 10 points in August

Turkey's official inflation rate rises by over 10 points in August

The Central Bank had raised its year-end inflation forecast to 58% in July. Inflation has already exceeded this rate, having surged by 20 points in the past two months.

4 September 2023

Turkey's official inflation rate jumps to 47.8% in July

Turkey's official inflation rate jumps to 47.8% in July

According to ENAG's calculations, the inflation rate was over 122.8%. The food inflation rate is over 60 percent.

Turkey's inflation rate over 108 percent, says ENAG

Turkey's inflation rate over 108 percent, says ENAG

While the ENAG has released its calculations, the announcement of the official inflation figures, which will affect the pay rises for civil servants and retirees, has been delayed.

Erdoğan's free gas pledge impacts inflation numbers, undermines wage negotiations

Erdoğan's free gas pledge impacts inflation numbers, undermines wage negotiations

TurkStat's reported annual inflation rate of 39.6% in May will have implications for upcoming wage deal talks, a trade union asserts.

TurkStat announces inflation at 43%, continues to withhold inflation basket despite court ruling

TurkStat announces inflation at 43%, continues to withhold inflation basket despite court ruling

ENAG reports that Turkey's inflation rate remains in triple digits. Despite DİSK's win in a lawsuit against the suspension, the official statistical institute continues to withhold the publication of its inflation basket.

Turkey's official inflation rate drops to 50.51 percent

Turkey's official inflation rate drops to 50.51 percent

According to an inflation monitor run by a group of economists, the inflation rate was twice as high as the official figures.

Türkiye's statistical authority files new case against Inflation Research Group

Türkiye's statistical authority files new case against Inflation Research Group

Founded by a group of economists, the ENAG has been releasing inflation figures since 2020. The group's calculations are much higher than those of TurkStat, whose reliability has been widely questioned by economists and opposition parties.

Türkiye's official inflation rate drops to 55 percent

Türkiye's official inflation rate drops to 55 percent

The inflation rate was 126.915 percent, according to the ENAG, an independent group of economists.

Türkiye's inflation drops to 64 percent in December due to base effect

Türkiye's inflation drops to 64 percent in December due to base effect

The official inflation rate declined from 84 to 64 percent whereas the ENAG's inflation rate dropped from 170 to 137 percent.

Türkiye's official inflation rate at 84.39 percent in November

Türkiye's official inflation rate at 84.39 percent in November

The inflation rate dropped about 1 percentage point in a month. According to the ENAG, the rate is over 170 percent.

5 December 2022

Court drops case against Inflation Research Group

Court drops case against Inflation Research Group

The country's statistical authority had filed a lawsuit against the group of independent economists who release their own calculations of the inflation rate monthly.

3 November 2022

Türkiye's official inflation rate exceeds 83 percent

Türkiye's official inflation rate exceeds 83 percent

The inflation rate was over 186 percent according to ENAG, a group of independent economists.

Türkiye's official inflation rate at 80 percent in August

Türkiye's official inflation rate at 80 percent in August

According to an independent group of economists, the annual inflation rate was over 181 percent last month.

5 September 2022

Türkiye's official inflation rate exceeds 79 percent

Türkiye's official inflation rate exceeds 79 percent

An independent group of economists found the annual inflation rate was over 176 percent in July.

Turkey's official inflation rate surpasses 78 percent

Turkey's official inflation rate surpasses 78 percent

An independent group of economists found the annual inflation rate was over 175 percent in June.

Disciplinary inquiry into chair of independent inflation research group in Turkey

Disciplinary inquiry into chair of independent inflation research group in Turkey

Veysel Ulusoy, the founder of the independent research group which calculates the inflation rate higher than official figures is facing a disciplinary inquiry over speaking to press without "permission"

Turkey's inflation hits 24- year high

Turkey's inflation hits 24- year high

According to TurkStat, in May 2022, the annual consumer inflation rate was 73 percent in Turkey while the Inflation Research Group (ENAG) has estimated the same rate as 160 percent.

Turkey's annual inflation rate over 156 percent, says research group

Turkey's annual inflation rate over 156 percent, says research group

The official inflation rate was less than half of what the ENAG has found.

Research group says Turkey’s consumer inflation was over 142 percent in March

Research group says Turkey’s consumer inflation was over 142 percent in March

The Inflation Research Group (ENAG) has calculated Turkey’s annual consumer inflation rate as 142.63 percent while the official figure stands at 61.14 percent.

Turkey’s annual consumer inflation rate tops 123 percent, finds research group

Turkey’s annual consumer inflation rate tops 123 percent, finds research group

Shortly before TurkStat shared the official inflation rates for February 2022, the Inflation Research Group (ENAG) announced that the annual consumer inflation rate was 123.8 percent and monthly inflation rate was 5.44 percent last month.

Turkey's official inflation stands at 48 percent, research group says 114 percent

HIGHEST RATE SINCE 2001 CRISIS

Turkey's official inflation stands at 48 percent, research group says 114 percent

According to the TurkStat, in January 2022, the annual consumer inflation rate was 48.69 percent in Turkey while the Inflation Research Group (ENAG) has estimated the same rate as 114.87 percent.

3 February 2022

Turkey’s annual inflation rate is over 82 percent, finds research group

Turkey’s annual inflation rate is over 82 percent, finds research group

Shortly before TurkStat shared the official inflation rates for December 2021, the Inflation Research Group (ENAG) announced that the annual consumer inflation rate was 82.81 percent and monthly inflation rate was 19.35 percent last month.

Turkey’s annual inflation rate is almost 60 percent, finds research group

Turkey’s annual inflation rate is almost 60 percent, finds research group

Shortly before the state agency TurkStat announced the official consumer inflation rate in Turkey in November 2021 as 21.31 percent, the Inflation Research Group (ENAG) had announced its own figure: 58.65 percent.

3 December 2021

TurkStat explains why it filed a complaint against Inflation Research Group

TurkStat explains why it filed a complaint against Inflation Research Group

The statistical authority has stated that it doesn't intend to hinder the ENAG's activities.

TurkStat files complaint against independent Inflation Research Group

TurkStat files complaint against independent Inflation Research Group

As the accuracy of the official figures is questioned, the ENAG releases monthly inflation rate data based on its own model.

Monthly inflation: TurkStat says 1.08, ENAGrup says 3.36 percent

Monthly inflation: TurkStat says 1.08, ENAGrup says 3.36 percent

The Inflation Research Group (ENAGrup) has announced that it estimates an accelerating increase in the general level of prices in the upcoming period.

‘Turkey’s consumer inflation rate was 36.72 percent in 2020’

INFLATION RESEARCH GROUP

‘Turkey’s consumer inflation rate was 36.72 percent in 2020’

Shortly after TurkStat, the state agency producing official statistics on the country, announced the annual consumer inflation rate in Turkey as 14.6 percent, the Inflation Research Group (ENAG), founded by a group of academics, has shared its own estimate.