MADRID, 3 May. (EUROPA PRESS) –
The year-on-year inflation rate in Turkey stood at 43.68% last April, compared to 50.51% in March, which represents the sixth consecutive drop in the price index and the first time since January 2022 that is below the 50% threshold, according to data published by the Turkish Statistical Institute (Turkstat).
Thus, the moving average of inflation in the last twelve months stood at 67.20% in April, compared to 70.20% in March and 71.83% in February.
In monthly terms, the Turkish CPI rose 2.39%, picking up slightly from the 2.29% rise in the previous month. In April 2022 the monthly increase in prices was 7.25%.
In the fourth month of 2023, the lowest annual increase in prices was 13.82% in clothing and footwear, as well as in transportation, with an increase of 25.56% year-on-year.
For its part, the largest year-on-year increase was in the health sector, with an increase of 66.62%, ahead of the 66.41% rise in the prices of hotels, cafes and restaurants.
