Macro Analysis /
Turkey

Turkey: CPI increased by 2.39% m/m to 19.89% y/y in Oct’21

  • PPI increased by 46.31% y/y in Oct’21.

  • Food and Non-Alcoholic beverages increased by 1.92% m/m (+27.41% y/y) in Oct’21.

  • Central Bank of Turkey increased its 2021 inflation target to 18.4% from 14.1%. (ATA 21E: 19.7% y/y).

Zeynep Erman
Zeynep Erman

Equity Research Analyst

ATA Invest
3 November 2021
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