Annual inflation in Turkish clothing, footwear sector rises to 29.27%

The rise in annual consumer inflation spread across sub-categories in this period, with the most significant contribution coming from core goods and services.

In May, annual inflation increased across all subcategories of the core goods group. While the annual price increase in the services group was relatively flat in transport services, it went up in other sub-categories.

The rise in producer prices persisted in the month due to international commodity prices, exchange rate developments and ongoing supply chain disruptions.

In May, annual core goods inflation increased by 3.74 points to 65.32 per cent.

Fibre2Fashion News Desk (DS)