TCMB: Increases spread across food continued

The Central Bank of the Republic of Turkey stated that fresh fruit and vegetables and dairy products stood out in the annual food group inflation in November, while increases spread across the group continued. In its November price assessment, the TCMB stated that the decline in annual inflation was driven by energy and core goods groups. In its assessment of inflation, which slowed down for the first time in 1.5 years, the Central Bank of the Republic of Turkey (TCMB) stated that increases spread across the food group continued. The TCMB stated that the decline in annual consumer inflation in the November period was driven by energy and core goods groups, while monthly food group price developments stood out. Emphasizing that annual inflation decreased in all subgroups of core goods, the TCMB stated that annual energy inflation decreased due to the base effect, and that the monthly increase in this group was relatively moderate. Emphasis on spread in food Stating that in addition to fresh fruit and vegetables, milk and dairy product prices stood out in the annual food group inflation, the TCMB stated that increases spread across the group continued.