Annual inflation slows down in Türkiye in March

The growth rate of consumer prices in Türkiye in March slowed down to 50.51% in annual terms from 55.2% in February, Report informs, citing the country's statistical institute (Turkstat).

"Inflation in March amounted to 50.51% year-on-year," it was reported.

In turn, the Independent Inflation Analysis Group (ENAG) states that the figure in March was 112.51%.

The Central Bank of Türkiye expects the inflation to reach 22.3% by the end of the year.