Last month, the annual inflation went up 0.01 percentage points from 11.76% in July.

The highest price increase on a yearly basis was recorded in miscellaneous goods and services with 26.99% in August, said TÜIK.  It was followed by health at 14.68% and food and non-alcoholic beverages at 13.51%.

TÜIK said consumer prices index surged 0.86% month-on-month in August.

"In August 2020 within average prices of 418 items in the index, the average prices of 92 items decreased and the average prices of 53 items remained unchanged while the average prices of 273 items increased," the institute added.

According to the official figures, the 12-month average hike in consumer prices was 11.27% as of this August.