Turkey's annual inflation rate increased to 67.07% in February, surpassing January's 64.86%.

Turkey's annual inflation rate increased to 67.07% in February, marking a significant uptick from the 64.86% recorded in January, according to the Turkish Statistical Institute (TurkStat). The data revealed that various sectors experienced varying degrees of price increases, with clothing and footwear seeing the lowest annual price increase at 43.44%, while hotels, cafes, and restaurants registered the highest increase at 94.78%. The monthly inflation rate for February stood at 4.53%, while the 12-month rolling inflation rate reached 55.91%. These figures highlight the ongoing challenges faced in managing inflationary trends within the Turkish economy.