03.06.2025 08:40
The Turkish Statistical Institute (TÜİK) will announce the inflation figures for May today. The Consumer Price Index increased by 3% compared to the previous month in April, while it decreased to 37.86% on an annual basis.
The Turkish Statistical Institute (TÜİK) will announce the inflation figures for May today, which will constitute the fifth inflation data of the year. The Consumer Price Index (CPI) increased by 3% on a monthly basis in April, while the Domestic Producer Price Index (D-PPI) rose by 2.76%. Annual inflation was recorded at 37.86% for consumer prices and 22.5% for domestic producer prices.
Annual inflation in the CPI has been recorded at the lowest rate since December 2021. This rate was determined to be 36.08% in December 2021. The Consumer Price Index increased by 5.03% in January, 2.27% in February, 2.46% in March, and 3% in April.
ECONOMISTS EXPECT 2.10
The expectation survey regarding the May inflation figures was concluded with the participation of 23 economists. The average inflation expectation of the economists participating in the survey for May was 2.10%. The inflation expectations of economists for May ranged between 1.80% and 2.75%. According to the average inflation expectation of economists for May (2.10%), it is predicted that the annual inflation, which was 37.86% in the previous month, will decrease to 36.17%. On the other hand, the inflation expectation of economists for the end of 2025 was 31.17% as of May.