Istanbul Consumer Price Index Rose 5.16% in January

Shoppers in the Eminonu shopping district in Istanbul.

Photographer: Kerem Uzel/Bloomberg
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The consumer price index for Istanbul rose 5.16% on a monthly basis in January, pointing to a tick up for Turkey’s national month-on-month inflation figure that’s due Monday.

On an annual basis, prices in the Turkish commercial capital rose 48.4% in January, according to data published by the Istanbul Chamber of Commerce.