Turkish inflation delayed for the tenth month in March to 38.1%

The annual inflation rate in Türkiye delayed more in March than expected, although the data did not include the effects of the recent political and economic turmoil as a result of the detention of an opposition leader. The annual price growth in March recorded 38.1%, compared to 39.1% in February, the Turkish Statistics Authority (Turkstat) said on Thursday. While the middle of expectations in a survey that Bloomberg did for economic experts reached 38.7%. Although the annual inflation for the tenth month is still declining, the Turkish central bank is expected to ignore this decline and focus on the risks of direct prices caused by political turmoil.