Türkiye's inflation eases in March

By Gokhan Ergocun

ISTANBUL (AA) - Türkiye's annual inflation rate was 50.51% in March, down from 55.18% in February, official figures showed on Monday.

The rate was 61.14% in March last year, according to the Turkish Statistical Institute (TurkStat).

Among main groups, the highest annual price increases were seen in hotels, cafes, and restaurants with 70.73%, followed by food and non-alcoholic beverage (67.89%), and health (64.68%).

On a monthly basis, the inflation rate was 2.29% in March, down from 3.15% in February, and 5.46% from March 2022.