Inflation in Turkey surges to 20-year high in March - Breaking The News

Inflation in Turkey surges to 20-year high in March

4 April

1 min read

EPA-EFE/SEDAT SUNA

Turkey's annual consumer price index (CPI) reached a 20-year high, surging 61.14% in March, the Turkish Statistical Institute revealed in a report on Monday. The consumer price index increased 5.46% in comparison to the previous month.

The main groups where high annual increases were realized were transportation with 99.12%, food and non-alcoholic beverages with 70.33%, and furnishings and household equipment with 69.26%, the report stated.

inflation data cpi

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