Bloomberg News

Istanbul Consumer Prices Fell 0.61 Percent in June, Chamber Says

July 01, 2012

Consumer prices in Istanbul fell a monthly 0.61 percent in June, the city’s chamber of commerce said.

Annual inflation accelerated to 10.63 percent from 10.57 percent in May, the chamber said in an e-mailed statement today. Wholesale prices in Turkey’s biggest city decreased a monthly 1.18 percent in June, it said.

The statistics office in Ankara is due to publish national inflation data for June on July 3.

To contact the reporter on this story: Ercan Ersoy in Istanbul at eersoy@bloomberg.net;

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net


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