Turkey Inflation Hits 32%, Pension Raise Stuck at 13.5%

Turkey's official statistics institute, TÜİK, released new inflation data on [date, implied by source]. Based on this data, the pension increase for retired workers, self-employed, and civil servants has been set at a minimum of 13.52%. The annual inflation rate now stands at 32%. This figure also determines the new cap on rent increases for tenants. Among all categories, the highest annual price jump was recorded in the "food and non-alcoholic beverages" group.