Consumer prices in Turkey fell to 38.1 per cent last March, up 2.46 per cent on a monthly basis.
According to the data of the Turkish Statistical Institute on inflation in March on Thursday, inflation continues to decline in the tenth month.
Data showed that the production price index increased by 1.88 per cent on a monthly basis in March, the annual increase was 23.5 per cent.
In February, the inflation rate represents a continuous bullish trend in the basic inflation based on the basic inflation that depends on its monetary policy of 2.27 per cent on a monthly basis, and 39.05 per cent on an annual basis.
Reuters estimated that the monthly inflation rate would increase to 3 percent in March, the annual rate fell to 38.9 percent, but these numbers were lower than these expectations.
Independent data
Instead of official data, the “ENA), which has many independent Turkish economists, declared that the monthly inflation rate in March was 3.91 per cent, annual inflation rose to 75.20 per cent, exceeding inflation in May 2024.
According to the data of the official Statistical Institute, the highest increase in non -alcohol foods and beverages was 9.51 percent in March, and 9.47 percent in homes.
According to the inflation research group, the largest increase in March in non -alcoholic food and drink sections is 6.55 percent, and 5.62 percent in restaurants and hotels.
Turkish Treasury and Finance Minister Muhammad Shimash said in March that in March, he said that inflation was declining for 10 months.
Annual inflation, which declined over the past 10 months, was 38.1 percent in March. We hope that the recent fluctuations will be limited to the economic conditions of tightening. pic.twitter.com/vHzblkPPVC
– Mehmette Simsek (@memetsimesek) April 3, 2025
“We hope that the impact of recent fluctuations on inflation is limited to the impact of inflation due to the stringent economic policy … We continue to use all our policy tools in accordance with our goal to stabilize prices.”
The crisis of the imamogs and the “central” movements
As a result of the arrest of Istanbul’s opposition mayor, there is an excitement on how the Imamogs, on March 19, will decrease against the dollar on inflation in the value of Turkey Lira.
The data published by the Istanbul Chamber of Commerce on Tuesday prompted the expectation of a normal inflation rate in Turkey, where the inflation rate in Turkey, which includes one -fifth of the country’s population and its financial capital, 3.79 per cent, and 46.23 % on a monthly basis.
Basic (monthly) inflation route is important for central bank decisions on interest rates. The Bank will hold a next meeting of the Monetary Policy Committee on April 17.
The main interest rate was 42.5 per cent after the cash facilitation course, which began last December, and the interest decreased from 50 to 42.5 per cent at this time.
After the arrest of the Imamogs, the Monetary Policy Committee, which was spectacularly convened to make a temporary decision, decided to increase the interest rate from 44 to 46 per cent on lending one night.
Analyst of “Bowlabe” property management company, Tim Ash, said that Istanbul Mayor and Akram Eamoggu’s arrest has increased despite the high exchange rate against Turkish Lira due to political tension against the backdrop of the arrest of the dollar: “Perhaps Treasury and Finance Minister, Minister, Minister, Minister, Minister, Minister, Minister, Minister, Minister
Unacceptable estimates
On the other hand, Turkish experts have expressed that the impact of the imamogs crisis on inflation will be reflected in April. Economist Mustafa Sonmaz, the Turkish Statistical Institute on Inflation, has questioned the official data of inflation, especially in Istanbul.
The results of the Imamogs’s arrest on prices in April and the consumer price index in April will not be less than 3.5 %.
Gradually, financial analyst Aladdin Akhash, in March, is in favor of inflation rate expectations, but he has been exposed to the “very high” rate in April.
Tax expert Ozan pointed out the fact that Bengoul’s inflation would lead to a salary cut and called on the government to assess the situation in the second part of the year.
According to inflation data announced by the Turkish Statistical Institute, the decline in purchasing power in the first three months of the year is 1455 pounds and 2223 lbs in the minimum wage.
He has already promised that this situation is already low -income people, the need to raise wages for retirement and minimum wages in the second half of the year.
