It increased by 15.06 per cent in the month compared to the December 2023 figure and by 57.50 per cent on the twelve-months moving averages basis.

Clothing and footwear, with a 50.10 per cent YoY rise, was the main group that indicated the lowest annual CPI increase, the Turkish Statistical Institute said in a release.

The March CPI excluding unprocessed food, energy, alcoholic beverages, tobacco and gold rose by 3.14 per cent MoM, by 14.86 per cent on the December 2023 figure, by 71.89 per cent YoY and by 62.61 per cent on the twelve-months moving averages basis.

Fibre2Fashion News Desk (DS)