Cost of living in TRNC drops

The State Planning Organisation has announced the inflation rate for the month of November.

The inflation rate has gone down by 1.60% compared to the previous month.

The Undersecretary for the State Planning Organisation Ödül Muhtaroğlu announced that the cost of living had gone down in comparison to the previous month of October.

He also said that the cost of living was 34.16% compared to the corresponding month last year.

According to the Consumer Price Index, prices in 3 of the 12 main groups had gone up while prices in the remaining 9 had gone down.

The highest price rise was recorded in clothing while the sharpest fall in prices was recorded in transportation costs.