Annual inflation reaches 6.47 p.c. in consumer prices in 2011

ANKARA (A.A) - January 3, 2012 - Turkey's statistics authority, TurkStat, posted on Tuesday annual inflation in consumer prices around 6.47 percent in 2011. TurkStat made public inflation figures in December 2011 as well as in entire 2011, and said that consumer prices were up 10.45 percent and producer prices rose 13.33 percent in 2011. According to TurkStat, consumer prices were up 0.58 percent and producer prices increased 1 percent in December 2011. According to 12-month average, annual inflation was 6.47 percent in consumer prices and 11.09 percent in producer prices.