Last Minute: July Inflation Rate Announced! Here is the 2020 July Inflation Rate

June inflation rate announced
Inflation Rates

July 2020 Inflation Rate was announced by TurkStat on Tuesday, August 4. Consumer price index (CPI) increased by 11,76% annually and 0,58% monthly. Consumer price index (CPI) increased by 11,76% annually and 0,58% monthly.
CPI (2003 = 100) in July 2020, 0,58% compared to the previous month, 6,37% compared to December of the previous year, 11,76% compared to the same month of the previous year and averages of twelve months 11,51% an increase occurred.


The lowest annual increase was in the communication group with 5,81%. Other main groups, where the increase was low compared to the same month of the previous year, were entertainment and culture with 6,04%, household goods with 7,78% and transportation with 8,81%, respectively. On the other hand, the main groups in which the increase was higher compared to the same month of the previous year were various goods and services with 21,90%, alcoholic beverages and tobacco with 21,78% and health with 14,17%, respectively.



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