Analysts: the acceleration of inflation in February spread a wide range of products

By: Trademagazin editor Date: 2022. 03. 09. 11:22

A wide range of products and services were characterized by the acceleration in price growth in February, according to analysts commenting on the latest data, stressing that the effects of the war in Ukraine have not yet materialized in the current data, but significantly rewrite inflation and economic outlook.

Price increases are widespread and the effects of the war have not yet materialized

According to a report released by the Central Statistical Office (KSH) on Wednesday, consumer prices in February were 8.3 percent higher than a year before. The last time inflation was so high was in August 2007. Consumer prices rose an average of 1.1 percent in one month. Core inflation was 8.1 percent last month. (MTI)