2022 inflation rate on social media agenda

Inflation has long been a top agenda item in the Turkish economy. The recent high inflation is said to be the main reason for the economic downturn. Many economists say that in order to stop the economic slowdown in the new year, it is necessary to fight inflation decisively. In addition, inflation data for 2022 was announced.

The Turkish Statistical Institute (TÜİK) announced the inflation rate for 2022, which we have just said goodbye to, at 64.27 percent. According to the Inflation Research Group (ENAG), which is made up of independent researchers and economists, the inflation rate was 137.55 percent last year! However, with the official announcement of 2022, inflation for civil servants and pensioners in the new year began to clear up. On the other hand, the data voiced by TUIK caused a wide resonance in social networks. Let’s look at the details together…

Turkstat announced the inflation rate for 2022 at 64.27 percent.

However, the consumer price index (CPI) rose by 1.18 percent in December. The Domestic Producer Price Index (D-PPI) fell 0.24 percent. On the other hand, according to the TUIK data, the annual inflation of consumer prices and domestic producer prices was announced at 64.27% and 97.72% along with December data.

On the other hand, along with the December inflation data, TURKSTAT also announced the lowest and highest cost spending groups compared to the previous month. Accordingly, the groups of expenses, the prices for which grew the least in December, were transport, clothing, footwear, alcoholic beverages and tobacco products. The spending groups that increased the most were identified as health care, household goods and housing.

While TURKSTAT announced an annual inflation rate for 2022 of 64.27 percent, this rate is 137.55 percent per year, according to ENAG!

ENAG, which includes independent researchers and economists, announced annual inflation at 137.55%, unlike TUIK. Again, according to ENAG, the inflation rate for December was set at 5.18 percent. ENAG in its report on monthly and annual inflation notes:The ENAGrup consumer price index (E-CPI) rose by 5.18% in December. The growth of the electronic CPI in 2022 was 137.55%. The inflation rate for the last 6 months was 38.57 percent.made statements.

With the announcement of inflation data for December, the growth rates of salaries and pensions of civil servants became clear.

Accordingly, civil servants and retired civil servants were eligible for a 16.4 percent increase in January. On the other hand, SSK and Bağ-Kur pensioners will receive a 15.4% increase. However, these figures are not the final rate of increase. The increase in civil servants and pensioners in the new year will become clear after the social security rates are finally determined.

The data announced by TÜİK is also on the social media agenda.

Many social media users criticized the data released by TÜİK as unrealistic. On the other hand, there were those who thought that civil servants and pensioners would not be able to get the raise they deserve because of annual inflation.

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