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Inflation in Turkey surges to a 20-year high in March

Inflation in Turkey surges to a 20-year high in March
# 04 April 2022 21:59 (UTC +04:00)

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, APA reports citing Teletrader.

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.

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