CPI: Cost of living
Tight monetary policies have helped the Turkish government beat its inflation targets over the past three years, bringing the rate from 29.7% in 2002 to 7.7% in 2005. Cost of living measured by Consumer Price Index increased by 3.58% on a sequential basis over the quarter ending June 2006. However, it was the prices of durable goods that increased the most – skyrocketing by 8.69%.
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
Tight monetary policies have helped the Turkish government beat its inflation targets over the past three years, bringing the rate from 29.7% in 2002 to 7.7% in 2005. Cost of living measured by Consumer Price Index increased by 3.58% on a sequential basis over the quarter ending June 2006. However, it was the prices of durable goods that increased the most – skyrocketing by 8.69%.
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
