Inflation breaks another record

The annual inflation rate jumped to 61.14% while consumer prices climbed by 5.46% in March, according to the Turkish Statistical Institute (TurkStat).

Thus, the annual inflation has seen its highest level since 2001.

The core inflation, meanwhile, rose from 44.1% to 48.4% last month.

The domestic producer price index (D-PPI) increased month-over-month by 9.19% to 114.97% on an annual basis in March, TurkStat said.

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