Türkİye, Economy

Türkiye's annual inflation at 69.8% in April

Highest annual price increase seen in education, while lowest in clothing and footwear

Gokhan Ergocun  | 03.05.2024 - Update : 03.05.2024
Türkiye's annual inflation at 69.8% in April

ISTANBUL 

Türkiye's annual inflation rate was 69.8% in April, up from 68.5% in March and 43.68% in the fourth month of last year, official figures from the Turkish Statistical Institute (TurkStat) showed on Friday.

The monthly inflation rate was 3.18%, up from 3.16% the previous month.

On a yearly basis, highest price hikes were seen in education (103.86%), restaurants and hotels (95.82%), and transportation (89.39%).

Clothing and footwear posted the lowest price increase with 51.2%, followed by telecommunications 55.4%, and housing 55.55%.

On a monthly basis, highest increase was seen in tobacco and alcoholic beverage with 9.56%, and lowest in health with 1.03%.

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