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May inflation will be announced on Monday

The Turkish Statistical Institute will announce the inflation figures for May on Monday, May 5th.

The Consumer Price Index increased by 2.39% on a monthly basis in April. Annual inflation in consumer prices was recorded as 43.68%.

On Monday, June 5, inflation figures for May, which will constitute the fifth inflation data of the year, will be announced.

The Consumer Price Index was 6.65% in January, 3.15% in February, 2.29% in March, and 2.39% in April.

The Central Bank of the Republic of Turkiye, in the second Inflation Report of the year, kept the end of 2023 inflation forecast at 22.3% and the end of 2024 forecast at 8.8%.

Source: Trthaber / Prepared by Irem Yildiz

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