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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 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.