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01:18
Türkiye's annual inflation rate hit 68.5 pct in March
STORY: Türkiye's annual inflation rate hit 68.5 pct in March
SHOOTING TIME: April 3, 2024
DATELINE: April 4, 2024
LENGTH: 0:01:18
LOCATION: Ankara
CATEGORY: ECONOMY
SHOTLIST:
1. various of a discount butcher in Türkiye (courtesy of ihlas news agency)
2. various of people shopping in a bazaar in Türkiye (courtesy of ihlas news agency)
STORYLINE:
Türkiye's annual inflation rate hit 68.5 percent in March, up from 67.1 percent in February, official data showed Wednesday.
Consumer prices registered a monthly increase of 3.16 percent, with education, communication, and the combined sector of hotels, restaurants, and cafes leading the rise at 13 percent, 5.6 percent, and 3.9 percent, respectively, according to the Turkish Statistical Institute.
The cost of education experienced the highest annual increase at 104.07 percent, followed by restaurants and hotels at 94.97 percent and health at 80.25 percent.
Despite implementing a monetary tightening policy since mid-2023, the inflation rate remains high in Türkiye.
Xinhua News Agency correspondents reporting from Ankara.
(XHTV)
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