Turkey's annual inflation rate reached 68.5% in March, with education, communication, and hospitality sectors experiencing significant upticks.

Turkey's annual inflation rate hit 68.5% in March, up from 67.1% in February, according to official data. Monthly inflation was 3.16%, with education, communication, and the hospitality sector experiencing the most significant upticks. On an annual basis, education saw a 104% increase, followed by the hospitality sector at 95% and health at 80%. Despite the government's efforts to curb inflation through interest rate hikes, the inflation rate remains high in Turkey.

April 03, 2024
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