TÜİK Releases the Latest Data
The Turkish Statistical Institute has published the long-awaited November inflation figures. According to TÜİK, consumer prices rose by 0.87% in November. For those closely following the economy, this monthly increase serves as an important indicator of where the year is heading.
How Inflation Has Moved Throughout the Year
When we look at the first ten months of the year, we see quite a fluctuating pattern. Inflation started at 5.03% in January; then continued with 2.27% in February, 2.46% in March, 3% in April, 1.53% in May, and 1.37% in June. Through the summer and fall months, the trend continued with 2.06% in July, 2.04% in August, 3.23% in September, and 2.55% in October. The newly released November figure now completes this chain.
ENAG’s Side of the Picture
ENAG has also released its own E-TÜFE results for November. According to ENAG, prices increased 2.13% compared to the previous month, while annual inflation reached 56.82%. Although the two institutions present different numbers, the shared message is clear: inflationary pressure remains strong.
Editor’s Note
The picture is obvious. The same pattern continues—fixed-income workers and retirees are once again bearing the burden. TÜİK shows lower inflation, the government bases wage adjustments on these figures, and retirees—as well as minimum-wage earners—end up receiving insufficient increases. The story repeats itself, again and again.
Keywords:
#inflation #Turkey #TUIK
Translation of the latest November inflation report with TÜİK and ENAG data, highlighting economic trends, wage pressure on retirees, and editorial commentary.
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