According to the figures announced by TUIK, inflation was at the monthly level of 1.71 percent in May. Annual inflation rose to 32.61 percent. Expectations were at 1.0 percent monthly.
Annual changes of the three main expenditure groups with the highest weight; There was a 34.86 percent increase in food and non-alcoholic beverages, a 34.29 percent increase in transportation and a 45.59 percent increase in housing, water, electricity, gas and other fuels. The contributions of the relevant main expenditure groups to the annual change were 8.60 percentage points in food and non-alcoholic beverages, 5.63 percentage points in transportation and 6.07 percentage points in housing, water, electricity, gas and other fuels.
FOOD INFLATION HAS DECREASED
Monthly changes of the three main expenditure groups with the highest weight; There was a 0.48 percent decrease in food and non-alcoholic beverages, a 2.03 percent increase in transportation and a 2.28 percent increase in housing, water, electricity, gas and other fuels. The contributions of the relevant main groups to the monthly change were -0.12 percentage points in food and non-alcoholic beverages, 0.35 percentage points in transportation and 0.27 percentage points in housing.
