Turkish Statistical Institute announced the inflation figures for April. Accordingly, CPI was realized as 3.18 percent in April 2024 compared to the previous month, 69.80 percent compared to the same month of the previous year and 59.64 percent according to 12-month averages.
According to ENAG's data; consumer prices increased by 5.02 percent in April compared to the previous month. Annual inflation rose to 124.35 percent.
The average of economists' inflation expectations for April was 3.22 percent. The inflation expectations of economists participating in the survey for April were between the lowest 2.80 percent and the highest 3.80 percent. On the other hand, economists' inflation expectation for the end of 2024 was 43.65 in April.
The Consumer Price Index increased by 3.16 percent in March. TUIK had announced the inflation rate for January as 6.5 percent, the inflation rate for February as 4.53 percent, and the inflation rate for March as 3.16 percent.
Clothing and footwear increased the most by 51.20
The main group with the lowest increase compared to the same month of the previous year was clothing and footwear with 51.20 percent. On the other hand, the main group with the highest increase compared to the same month of the previous year was education with 103.86 percent.
By main expenditure groups, the main group with the lowest increase in April compared to the previous month was health with 1.03 percent.
On the other hand, the main group with the highest m-o-m increase in April 2024 was alcoholic beverages and tobacco with 9.56 percent.
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