Rent İncrease Rates For August 2021

Rent increase rates for August 2021 have been announced as of today. Here are the rent increase rates for August 2021, which is one of the most curious topics for homeowners and tenants…

With the beginning of August, rent increase rates researches started by homeowners and tenants. Inflation rates, one of the most curious and researched subjects by landlords and tenants, were published by the Turkish Statistical Institute (TUIK) at 10:00 today, and with these figures, the rent increase rates for August 2021 became clear.

Tenants whose lease agreement will be renewed in August 2021 are subject to an annual increase at certain rates. This increase, which the real estate owners make to the tenants once a year, is also determined within the scope of the Code of Obligations.

Rent increase rates for August 2021

The Turkish Statistical Institute (TUIK) has officially published the inflation figures for August, which are curious and researched by millions of people, at 10:00 today. With the announced figures, the rent increase rates for August 2021 have also been announced.

The highly anticipated Consumer Price Index (CPI) increased by 18.95 percent annually and 1.80 percent monthly. Domestic producer price index (D-PPI) increased by 44.92 percent annually and 2.46 percent monthly.

In the CPI (2003=100), which is also curious, in July 2021, 1.80 percent compared to the previous month, 10.41 percent compared to December of the previous year, 18.95 percent compared to the same month of the previous year and according to the twelve-month averages. 15.15 percent increase was seen.
D-PPI (2003=100) In July 2021, 2.46% compared to the previous month, 25.05% compared to December of the previous year, 44.92% compared to the same month of the previous year and according to the twelve-month averages increased by 28.47.

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