The Central Bank of the Republic of Türkiye (CBRT) reported that annual inflation has decreased in all the main groups, limits in basic goods.
CBRT published a price development report in May. According to the report, the annual inflation has decreased in all main groups, limited in basic goods. Groups attract monthly attention are services that slow prices increases when foods reduce prices. In May, the price reduction of food groups pulled in -standard food groups, while processed food prices increased. Although the continuation of the negative appearance in the price of fruit, the price of unprocessed food has decreased under the leadership of vegetables and some other processed food items. In the monthly inflation of the energy group, the increase in network water price as well as the suspended effect of the arrangement made in the electricity tariff in April is the decision. The effectiveness of the exchange rate development continues to be perceived for basic goods prices, especially durable consumer goods, despite weakening. In the division of clothing and shoes, the price increases due to the happening season, but the price increase is lower than the same period last year. While the monthly price increase in the service group slows down, this development has been seen in all small groups except for rent. The monthly production price shows a relatively strong increase under the leadership of the energy group, while the annual production inflation increases by 0.63 points to 23.13 %. In this view, in May, all the main trend indicators decreased compared to the previous month. When the main trend was checked for three months on average, it was observed that the trend slowed down. According to the report, the annual exchange rate of indicators B and C decreased by 2.00 and 1.75 points, 34.81 % and 35.37 %, respectively. When the annual contributions to consumer inflation are checked, the contribution of the basic commodity group does not change compared to the previous month, while the contribution of food and non -alcoholic beverages, services, energy and alcohol growth groups increase by 0.95, 0.95, 0.36 and 0.19 points. With free seasonal data, consumer prices increased monthly slower compared to the previous month. Indicators B and C increased monthly compared to the previous month. Although the rising price has weakened in all groups that make up the B, the following indicators are CBRT indicating the gradual slowdown on the basis of significant monthly monthly in the trend of the main inflation in May. Increase the service price The service price increased slowly in May compared to the previous month with 1.74 %, while the service group decreased by 3.41 annual inflation points was 51.19 %. Annual inflation increases in transportation, while other small groups decrease. In raising the monthly base price in the hired division appeared, and a moderate course was observed in other sub -groups. In May, the increase in rent has decreased at a limited rate compared to the previous month, 3.10 %, while the group's annual inflation decreased by 4.25 points 84.94 %. The price of hot restaurant, high sensitivity for food prices, especially the development of red meat, developed exchange rate and especially red meat, increased relatively limited to 1.83 % in May after acceleration was observed in April. In other services groups, the slow price increase with 1.39 percent, while the educational service price increased by 1.19 % and increased at a very low rate compared to the same period last year. On the other hand, the maintenance and repair of personal transportation has become prominent with the contribution of side inflation. The price of transportation service increased by 0.99 %, while the media group was preserved in this period with a decrease in – 0.14 %, which was observed in the past two months in monthly inflation. In May, the price of basic goods increased by 3.26 % due to the development of Türkiye Lira, while the group's annual inflation decreased by 0.26 points and was 20.02 %. Annual inflation and other basic shoes and goods have decreased in small groups, while durable permanent goods in groups. The increase in durable consumer goods lost some energy compared to the previous month with 2.73 %, but it was relatively high. In this development, high exchange rate sections (up 4.87 percent) and the price increase effect of white goods (2.46 %) have been observed. During this period, the price of furniture is moderate, while the sub -pencil discount of consumers has been recorded. Clothes and shoes increased (7.09 percent) on the season is taking place, but the price increase is more limited than the previous year. In other basic goods, monthly inflation weakened compared to the previous month with 1.49 %. Energy price increased by 2.15 % in May, the group's annual inflation decreased by 3.90 points to 44.21 %. During the mentioned phase, the increase in network water (7.14 %) was observed, while the electricity price last month increased by 2.40 % with the impact of arrangement. Fuel prices due to global development due to decreasing oil prices are closely monitored to the horizontal phase. In May, the group's non -alcoholic food and drink decreased by 0.71 %, while the annual inflation in this group decreased by 3.22 points 32.87 %. Annual inflation decreased by 3.53 and 3.14 points respectively in untreated and processed food groups, 33.53 % and 32.21. Food price is not qualified by 3.01 % in May. In this development, vegetables (-18.58 percent), eggs (-18.81 percent) and white meat pencil (-4.39 percent) have decreased, while the increase in fresh fruit prices (8.26 %) continues in May. Monthly processing of food groups processed with 1.39 percent of the previous month was weak compared to the previous month, but the increase in the price of processed meat products on the basis of a lower pen (7.79 %) attracted attention. Domestic production prices increased by 2.48 % in May, while annual inflation increased by 0.63 points to 23.13 %. During this period, about the main industrial groups; Although the price increase in the energy group has become outstanding with 7.98 %, the increase in the price of capital goods, intermediaries, consumer goods groups cannot and durable are 2.38 %, 1.92 %, 1.70 %and 0.05 %, respectively. When developing monthly prices, they are inspected on the basis of fields; Electricity, gas, regulating steam, water and water treatment and distribution of water, metal ores, beverages, paper and paper products, motor vehicles and trees and trees and mushrooms are the most prominent auxiliary groups.