Annual client worth inflation in Türkiye fell to nearly 50% in March, official knowledge confirmed on Monday, barely under forecast, easing additional forward of May 14 presidential and parliamentary elections.
The client worth index (CPI) dropped to 50.51% on an annual foundation final month, the Turkish Statistical Insitute (TurkStat) mentioned.
The inflation charge thus slowed for a fifth consecutive month.
Consumer costs rose 2.29% from a month earlier, the statistical institute mentioned.
The studying got here in lower than a predicted 2.85% in a Reuters ballot. It had forecast that client costs can be up 51.3% from a 12 months earlier, and had been anticipated to finish the 12 months at 46.5%.
Inflation had touched a 24-year peak of 85.51% in October. It fell sharply in December and eased to 55.2% in February.
The home producer worth index was up 0.44% month-over-month in March for an annual rise of 62.45%, the statistical institute mentioned.
Source: www.dailysabah.com
