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    Zero Inflation?

    Hürriyet Haber
    04.02.2005 - 00:00 | Son Güncelleme:

    Inflation became lower than expected when evaluated products were changed. The Consumer Price index increased by 0.55 %, the increase in the Producer Price Index UFE fell by 0.41 %. The Annual Consumer Price Index settled at 9.23 % and UFE index at 10.70 %.The State Statistics Institute prepared the new TUFE and UFE report on the basis of spending and production in 2003 and according to this criteria inflation was lower than expected. The price of 241 materials under TUFE increased over December 2004. However the price of 133 goods remained the same which indicates that the New Turkish Lira had the desired affect of not rounding up the figures mentioned above.
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