Istanbul Retail Prices up 3.83% Monthly in February

Retail prices in Turkey’s largest city, Istanbul, rose 3.83% month-on-month in February for an annual increase of 78.62%, the Istanbul Chamber of Commerce (ITO) said on Wednesday.

Wholesale prices in the city, home to around a fifth of Turkey’s population of 85 million, increased by 2.38% month-on-month in the same period for an annual rise of 78.69%, ITO said.