{"id":112024,"date":"2026-02-03T16:21:09","date_gmt":"2026-02-03T13:21:09","guid":{"rendered":"https:\/\/www.capitalfm.co.ke\/business\/?p=112024"},"modified":"2026-02-03T21:13:35","modified_gmt":"2026-02-03T18:13:35","slug":"turkiyes-monthly-inflation-accelerates-in-january","status":"publish","type":"post","link":"https:\/\/www.capitalfm.co.ke\/business\/2026\/02\/turkiyes-monthly-inflation-accelerates-in-january\/","title":{"rendered":"T\u00fcrkiye’s monthly inflation accelerates in January"},"content":{"rendered":"
<\/div>\n
ANKARA, Feb. 3 (Xinhua) — T\u00fcrkiye’s monthly inflation accelerated in January, while annual inflation remained above 30 percent, according to official data released on Tuesday.<\/strong><\/div>\n
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Figures from the Turkish Statistical Institute (TurkStat) showed that consumer prices rose by 4.84 percent on a monthly basis in January, broadly in line with expectations and faster than the previous month.<\/p>\n

On an annual basis, inflation eased slightly to 30.65 percent in January, down from 30.89 percent recorded in December.<\/p>\n

Data showed that prices continued to increase across the three main expenditure groups. On a yearly basis, food and non-alcoholic beverages rose by 31.69 percent, transportation increased by 29.39 percent, and housing, water, electricity, gas and other fuels climbed by 45.36 percent.<\/p>\n

Turkish Treasury and Finance Minister Mehmet Simsek said on social media platform X that January’s inflation was mainly driven by a sharp rise in food prices due to adverse weather conditions, along with seasonal factors.<\/p>\n

Despite the monthly acceleration, he noted that the decline in annual services inflation has continued uninterrupted for 21 months, while core goods inflation maintained a moderate trend at 17.4 percent.<\/p>\n

T\u00fcrkiye has been grappling with high inflation in recent years, which has weighed on household purchasing power and business costs.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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