Turkey’s Consumer Price Index (CPI), excluding energy, food, beverages, tobacco, and gold, saw a modest decrease from 45.3% in December 2024 to 42.6% in January 2025. The annual inflation figures, updated on February 3, 2025, indicate a continued, albeit cautious, relief in Turkey’s inflation rate when compared to the same month in the previous year.
The release of these figures points to a slight improvement within the Turkish economy, as policymakers and economists meticulously analyze the forces behind the easing of inflation. This decrease marks a progressive step away from the pressures seen in December, offering a glimmer of optimism to a nation grappling with broader economic challenges.
Despite this positive movement, the year-over-year inflation rate remains considerably high, underscoring the ongoing economic complexities and the pressing need for effective policy measures. As Turkey continues to navigate its economic landscape, the spotlight remains on strategic financial planning to maintain and accelerate the momentum towards stability and growth.
The material has been provided by InstaForex Company – www.instaforex.com
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