Türkiye's inflation growth slows in March

Türkiye's inflation growth slows in March
© Photo: Maria Novoselova/Vestnik Kavkaza

In March, inflation in Türkiye was about 38% year-on-year, while the rate of price growth has been declining for the tenth month in a row. In February, inflation rates were around 39% year-on-year, according to a Turkstat report.

Excluding food, consumer prices rose by 37.42% in March from 42.1% in February, which is the lowest level since December 2021.

It should be noted that in March, Türkiye's national currency fell to a record low amid the arrest of Istanbul's opposition mayor, Ekrem İmamoğlu, and subsequent protests. The dollar was valued at 41 lira for the first time in history.

1680 views
We use cookies and collect personal data through Yandex.Metrica in order to provide you with the best possible experience on our website.