Türkiye's inflation rate rises to 47.83 pct in July

ANKARA, Aug. 3 (Xinhua) -- The annual inflation rate of Türkiye rose to 47.83 percent in July, marking the first increase since October last year, according to official statistics issued on Thursday.

The consumer price index (CPI) in July rose to 47.83 percent annually and 9.49 percent monthly, according to the Turkish Statistic Institute.

The CPI experienced an 8-month consecutive decline from a pea