Consumer price inflation in Turkey could accelerate to more than 200%, local research agency ENAG said in a report this week. Official Turkish economic data, which showed that consumer price inflation rose to 70% in April, is inaccurate, said ENAG, which is made up of Turkish academics, economists and economic analysts based in Turkey and […]
Tag: TurkStat
Turkey: TurkStat head of inflation measure resigned
An official in charge of measuring inflation data in Turkey’s national static service has resigned, in the latest in a series of departures at an institution that is under severe criticism for the reliability of its financial data, according to Bloomberg. The Turkish Statistical Institute reported that Cem Bas resigned as head of the price […]
True annual inflation in Turkey reaches 60%, research team says
Turkey’s annual inflation is almost 60%, a research team finds Just before government agency TürkStat announces official inflation rate consumer inflation in Turkey in November 2021 at 21.31%, the Inflation Research Group (ENAG) had announced its own rate: 58.65%. The Inflation Research Group (ENAG), founded by a group of academics and announcing alternative inflation rates […]
They blocked the entrance of TürkStat to Kilicdaroglu – He spoke about false data on inflation
Turkey’s main opposition leader has been barred from joining the country’s National Statistics Office (TürkStat) just hours after posting data on inflation that he described as unreliable. Kemal Kilicdaroglu, leader of the Republican People’s Party (CHP), and party officials could not enter TürkStat’s headquarters in Ankara on Friday, with an unknown person at the gate […]