While the citizens could not make it to the end of the month due to inflation, which returned to its peak in 1998 and broke the record of 24 years, TRT’s news about the cost of living and inflation in the Netherlands received a great reaction.
Turkish Statistical Institute announced the inflation data for August yesterday. According to official data, the Consumer Price Index (CPI) increased by 80.21% annually, 1.46% monthly, and the Domestic Producer Price Index (D-PPI) increased by 143.75% annually and 2.41% monthly.
While the citizens could not bring the end of the month with the inflation that broke the record of 24 years, the news of the inflation in the Netherlands by the state channel TRT garnered a great reaction.
We are quoting the news published by TRT without touching the dot and comma:
August inflation in the Netherlands is at the highest level in 47 years
Inflation in the Netherlands reached its highest level since 1975 with 12 percent per annum in August due to the increase in energy and food prices.
The Netherlands Statistical Institute (CBS) has released the country’s inflation data for August.
Accordingly, annual inflation, which was 10.3 percent in July, rose to 12 percent in August. The said rate was recorded as the highest inflation seen since 1975.
In particular, the increase in energy prices was effective in increasing inflation. Energy prices increased by 151 percent in August compared to the same month of the previous year.
Food prices also increased by 13.1 percent in August compared to the same month of the previous year.