Bloomberg News

Istanbul Prices Rise 0.7 Percent in August, Chamber Says

September 02, 2011

Sept. 2 (Bloomberg) -- Prices in Istanbul, Turkey’s biggest city, rose 0.72 percent in August, the city’s chamber of commerce said.

Annual inflation in Istanbul slowed to 6.67 percent in the month from 6.71 percent in July, the chamber said today. Turkey’s state statistics agency will announce nationwide price data for August on Sept. 5.

--Editors: Mark Bentley, Emre Peker

To contact the reporter on this story: Selcuk Gokoluk in Istanbul at sgokoluk@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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