Türkiye's annual inflation rate at 69.8% in April - TurkStat
According to recent data released by the Turkish Statistical Institute (TurkStat), Turkey's inflation rate for April rose to 69.8%, surpassing the rates of both March (68.5%) and the same month last year (43.68%). In addition, the monthly rate also increased, reaching 3.18% compared to the previous month's 3.16%.
- Economy
- Anadolu Agency
- Published Date: 10:50 | 03 May 2024
- Modified Date: 10:50 | 03 May 2024
Türkiye's annual inflation rate was 69.8% in April, up from 68.5% in March and 43.68% in the fourth month of last year, official figures from the Turkish Statistical Institute (TurkStat) showed on Friday.
The monthly inflation rate was 3.18%, up from 3.16% the previous month.
On a yearly basis, highest price hikes were seen in education (103.86%), restaurants and hotels (95.82%), and transportation (89.39%).
Clothing and footwear posted the lowest price increase with 51.2%, followed by telecommunications 55.4%, and housing 55.55%.
On a monthly basis, highest increase was seen in tobacco and alcoholic beverage with 9.56%, and lowest in health with 1.03%.