Inflation figures for September and rent increase rate for October were announced
Quick Look
- According to TUIK data, inflation in September was 1.84 percent monthly and 29.73 percent annually.
- The ceiling rent increase rate for October was determined as 31.49 percent.
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Why It Matters
Rent increase rates are calculated based on the 12-month average of CPI.
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According to TÜİK data, inflation in September was calculated as 1.84 percent on a monthly basis and 29.73 percent on an annual basis.
OCTOBER RENTAL INCREASE RATE
The rent increase rate, calculated based on the 12-month average of CPI, was determined as 31.49 percent. Accordingly, this rate will be increased at most for residential and workplace rents whose contracts will be renewed in October. The previous month's rent increase rate was 31.79 percent.
Open Questions
- What will the course of inflation be next month?
Related Topics
OrganizationsTURKSTAT
This article was originally published by Cumhuriyet.
