{"id":45260,"date":"2021-05-03T13:08:02","date_gmt":"2021-05-03T09:08:02","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=45260"},"modified":"2021-05-03T13:08:23","modified_gmt":"2021-05-03T09:08:23","slug":"inflation-in-turkey-exceeds-17-reaching-its-highest-level-since-mid-2019","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/inflation-in-turkey-exceeds-17-reaching-its-highest-level-since-mid-2019\/05\/03\/market-updates\/","title":{"rendered":"Inflation in Turkey Exceeds 17%, Reaching Its Highest Level Since Mid-2019"},"content":{"rendered":"\n<p>Today&#8217;s data showed that Turkey&#8217;s inflation rate rose to 17.14% year-on-year in April, touching its highest level since mid-2019, and continuing pressure on the central bank to maintain a hard-line policy.<\/p>\n\n\n\n<p>On a monthly basis, the Turkish Statistics Institute said consumer prices rose 1.68%, compared to a Reuters poll forecast of 1.80%.<\/p>\n\n\n\n<p>In March, the annual inflation rate was 16.19%. The forecast for April was 17.3%, well above the official target of 5%.<\/p>\n\n\n\n<p>The data showed that the consumer price index rose 4.34% month-on-month in March, a year-on-year increase of 35.17%.<\/p>\n\n\n\n<p>The central bank said in its quarterly report last week that inflation will decline after April and continue the gradual decline until the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today&#8217;s data showed that Turkey&#8217;s inflation rate rose to 17.14% year-on-year in April, touching its highest level since mid-2019, and continuing pressure on the central bank to maintain a hard-line policy. On a monthly basis, the Turkish Statistics Institute said consumer prices rose 1.68%, compared to a Reuters poll forecast of 1.80%. In March, the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32677,"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-45260","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\/45260","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=45260"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/45260\/revisions"}],"predecessor-version":[{"id":45261,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/45260\/revisions\/45261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32677"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=45260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=45260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=45260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}