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May rent increase rate has been announced

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With the announcement of inflation figures, rent increase rates in May became obvious.

The rent increase rate, which was determined based on the twelve-month average of the Consumer Price Index (CPI), was 34.46 percent for May.

According to the data announced by TURKSTAT, CPI in April 2022 is 7.25 percent compared to the previous month, 31.71 percent compared to December of the previous year, 69.97 percent compared to the same month of the previous year and twelve percent. Compared to monthly averages, there was an increase of 34.46 percent.

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