Annual client value inflation in Türkiye fell to nearly 50% in March, official knowledge confirmed on Monday, barely beneath forecast, easing additional forward of Might 14 presidential and parliamentary elections.
The buyer value index (CPI) dropped to 50.51% on an annual foundation final month, the Turkish Statistical Insitute (TurkStat) stated.
The inflation fee thus slowed for a fifth consecutive month.
Shopper costs rose 2.29% from a month earlier, the statistical institute stated.
The studying got here in lower than a predicted 2.85% in a Reuters ballot. It had forecast that client costs could be up 51.3% from a 12 months earlier, and have 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 value index was up 0.44% month-over-month in March for an annual rise of 62.45%, the statistical institute stated.
