The Labor Department said its consumer price index increased 0.2% last month after climbing 0.3% in November. In the 12 months through December, the CPI rose 2.3%.
The CPI accelerated 2.3% in 2019, the largest rise since 2011, after increasing 1.9% in 2018. Economists polled by Reuters had forecast the CPI would rise 0.3% in December and advance 2.3% on a year-on-year basis.
Excluding the volatile food and energy components, the CPI edged up 0.1%. In the 12 months through December, the core CPI increased 2.3%.
Post by : Republic of Turkey Ministry of Trade