ANKARA, May 3 (Reuters) - Turkish annual consumer price
inflation slowed to 43.68% in April, official data showed on
Wednesday, slightly below forecast, easing further ahead of
presidential and parliamentary elections on May 14.
April consumer prices rose 2.39% from a month earlier , less than a predicted 2.60% in a Reuters poll.
The poll had forecast that consumer prices would be up 44% from a year earlier, and were expected to end
the year at 46.5%.
Inflation has been stoked by a currency crisis at the end of
2021 and it touched a 24-year peak of 85.51% last October. It
fell sharply in December but eased only to 50.51% in February
despite a favourable base effect.
The domestic producer price index was up 0.81%
month-on-month in April for an annual rise of 52.11%, according
to the data from the Turkish Statistical Institute.
(Reporting by Ali Kucukgocmen
Editing by Gareth Jones)
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