turkey’s annual inflation witnessed notable
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Increase by nearly 10%

Turkey’s annual inflation witnessed notable

Egypt Today, egypt today

Egypt Today, egypt today Turkey’s annual inflation witnessed notable

Turkey’s annual inflation rose to 10.68 percent
Ankara - Egypt Today

Turkey’s annual inflation rose to 10.68 percent in August, compared to 9.79 percent in July. Turkish Statistical Institute report showed that the highest monthly rise was in the education sector (2.79 percent) in prices as the new scholar year approaches, then the transportation sector (2.05 percent) followed by equipment and furniture (1.66 percent), hotels and restaurants (1.03 percent) and housing and diverse services (0.71 percent).

The sectors of clothes and shoes and non-alcoholic drinks dropped the most with 3.09 percent and 0.22 percent, respectively. As for the highest annual rise, it was in the transportation sector (17.38 percent), then the non-alcoholic drinks (11.97 percent), health (11.66 percent) entertainment and culture (11.19 percent) and finally hotels and restaurants (11.07 percent).

Turks have spent TRY377 billion (USD109 billion) on shopping via credit and banking cards between January and July 2017. Soner Canko, CEO of Interbank Card Center (BKM), said that Turks spent in six months TYD38 billion (USD11 billion) on shopping via banking cards and TYD339 billion (USD98 billion) via credit cards.

Canko added that there are 60.008 million credit cards and 125,002 million banking cards in Turkey.

Statistics revealed that there is an increasing tendency to e-trade on a wide-scope in Turkey in the recent period for several reasons including the facilities provided by banks to get a credit card – up to 40 percent of Turkey residents have credit cards and 47 percent prefer to purchase online.

In a related matter, a survey on firms showed on Tuesday that the transformational industries sector in Turkey have witnessed the strongest comprehensive growth in August since March 2011 while production, new demands, purchases, and recruitment continue to grow as well.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

turkey’s annual inflation witnessed notable turkey’s annual inflation witnessed notable



GMT 08:02 2015 Tuesday ,15 September

No snow: Californian water source at 500-year low

GMT 15:25 2018 Wednesday ,14 November

Friedrich Merz vows to steal half of AfD voters

GMT 06:53 2017 Saturday ,18 February

G20 foreign ministers vow to fight poverty in Africa

GMT 14:27 2017 Friday ,10 March

Hypercars mingle with station wagons

GMT 13:13 2011 Friday ,16 December

Hyundai i-oniq Concept for Geneva 2012

GMT 11:53 2011 Monday ,26 September

Guerrero: We’ve got Peruvians dreaming

GMT 18:17 2016 Sunday ,18 December

Iraqi warplanes bomb Daesh warehouses

GMT 16:54 2017 Sunday ,15 January

26 killed as Hadi forces push Houthis back

GMT 04:29 2016 Saturday ,25 June

A New Generation of Robots is Ready for the Market

GMT 12:31 2011 Saturday ,26 November

Google working on OnLive rival for Chrome OS

GMT 23:18 2017 Wednesday ,01 March

Dh4.2m lawsuit against George Wassouf thrown out

GMT 12:57 2018 Tuesday ,09 January

German industrial orders dip in November

GMT 07:18 2018 Sunday ,07 January

Palestinians mark Orthodox Christmas

GMT 02:09 2017 Sunday ,08 January

Downtown Dubai is a place to be on New Year’s Eve

GMT 06:32 2018 Wednesday ,03 January

A Weathered Penny appoints

GMT 10:14 2015 Tuesday ,11 August

Woman drowns in Dubai after father blocks rescue

GMT 13:51 2013 Friday ,25 January

Billy Bragg to get BBC Folk Award

GMT 00:30 2012 Thursday ,27 September

Causes of snoring in pregnancy revealed

GMT 08:30 2016 Sunday ,10 April

War photographer and mother, the woman

GMT 14:06 2012 Thursday ,26 July

Depression linked to artificial light

GMT 05:44 2011 Tuesday ,19 April

New hope for secretive rare animal

GMT 18:53 2012 Tuesday ,27 November

Radio host suspended over anti-Semitism
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday