{"id":43889,"date":"2021-04-05T16:06:38","date_gmt":"2021-04-05T12:06:38","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=43889"},"modified":"2021-04-05T16:06:40","modified_gmt":"2021-04-05T12:06:40","slug":"turkey-inflation-rate-jumps-16-higher-in-march","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/turkey-inflation-rate-jumps-16-higher-in-march\/04\/05\/market-updates\/","title":{"rendered":"Turkey: Inflation Rate Jumps 16% Higher in March"},"content":{"rendered":"\n<p>Turkey&#8217;s annual inflation rose to more than 16% in March for the first time since mid-2019, according to Monday&#8217;s data, which means pressure builds on new central bank governor <em>\u015eahap Kavc\u0131o\u011flu<\/em> to maintain a hawkish policy after his surprise appointment.<\/p>\n\n\n\n<p>Consumer prices rose 16.19% year-on-year, higher than 16.11% in a Reuters poll and 15.61% in February.<\/p>\n\n\n\n<p>Inflation is still well above the official target of 5% and has been in double digits for most of the past four years.<\/p>\n\n\n\n<p>The Turkish Statistical Institute said the monthly CPI inflation was 1.08%, compared to a Reuters poll forecast of 1.04%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Turkey&#8217;s annual inflation rose to more than 16% in March for the first time since mid-2019, according to Monday&#8217;s data, which means pressure builds on new central bank governor \u015eahap Kavc\u0131o\u011flu to maintain a hawkish policy after his surprise appointment. Consumer prices rose 16.19% year-on-year, higher than 16.11% in a Reuters poll and 15.61% in &hellip;<\/p>\n","protected":false},"author":9,"featured_media":37851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7095],"class_list":["post-43889","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-turkey"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=43889"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43889\/revisions"}],"predecessor-version":[{"id":43890,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43889\/revisions\/43890"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/37851"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=43889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=43889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=43889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}