In a significant economic shift, Turkey's Consumer Price Index excluding energy, food, beverages, tobacco, and gold (CPI Ex E,F,B,T&G) surged to 3.3% in April 2025. The figure presents a noticeable increase from March's 1.5%, highlighting rising inflationary pressures in the country. This latest data was officially updated on May 5, 2025.
The month-over-month comparison reveals a sharp uptick, doubling the previous month's increase. In March, the CPI indicator had stopped at 1.5% compared to February. The current April figures suggest that underlying inflation is becoming more persistent, prompting concerns over the potential impact on consumers' purchasing power and the broader economy.
Turkey's economic policymakers will likely face increasing pressure to address these inflationary trends. The latest CPI data could potentially impact fiscal strategies and monetary policy decisions as the nation seeks to balance growth with price stability in a challenging economic environment.
