Turkey’s annual inflation rate at 19.71 percent in March

Dünya Executive - - OVERVIEW -

Turkey’s annual inflation rate stood at 19.71 percent in March, the Turkish Statistica­l Institute (TurkStat) noted on April 3. The March figure was slightly up, 0.04 percentage points, from 19.67 percent in February, data showed. On a yearly basis, the biggest price hike was in food and non-alcoholic beverages last month at 29.77 percent. “Miscellane­ous goods and services at 27.94 percent, furnishing and household equipment at 26.98 percent, recreation and culture at 20.08 percent and health at 19.72 percent were the other main groups with high annual increases,” TurkStat said. On a monthly basis, the consumer prices rose by 1.03 percent in March, with the highest monthly increase at 3.48 percent in health.

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