Turkey to release content of inflation basket for 2011

The content of inflation basket for 2011 will be announced next week.

Turkey to release content of inflation basket for 2011

The content of inflation basket for 2011 will be announced next week.

TurkStat will release the expense items, which will be considered as a basis while calculating the inflation rates, next week.

TurkStat's deputy chairman Omer Toprak told A.A on Thursday that inflation basket had been updated every year since 2003, and made public in the end of January.

He added that they were examining household consumptions throughout the whole year for the updating.

Noting that prices of fresh fruits and vegetables, fuel oil and liquified petroleum gas were compiled every week, while rents were compiled once in a month, Toprak said that prices of other products were compiled twice in a month.

The number of prices, which are used for calculation of index every month, reaches 370,000, he noted.


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Last Mod: 20 Ocak 2011, 13:19
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