In a modest decline, Turkey's Core Consumer Price Index (CPI) excluding energy, food, beverages, tobacco, and gold (CPI Ex E,F,B,T&G) registered a slight decrease in April 2025, easing to 37.1% from 37.4% in March. The updated figures, released on May 5, come as a relief amid the broader economic challenges faced by the nation.
The data represents a year-over-year comparison, with the current figures reflecting a marginal drop compared to a year earlier. This latest decrease suggests a slow but steady easing of inflation pressures, perhaps indicating that Turkey's economic policies are starting to take effect in curbing inflationary effects on essential items excluding volatile categories like energy and food.
The initial optimism, while cautious, points to potential short-term stabilization in the Turkish market, as policymakers continue grappling with economic reforms to address inflation. It remains to be seen if this trend will turn into a prolonged period of stability, but the numbers offer a silver lining for both consumers and investors keen on the Turkish economy's outlook.
