Turkish inflation expected to rise in February

ISTANBUL

Türkiye’s annual inflation rate is projected to rise to 66.3% in February, according to an Anadolu survey on Thursday.

The annual inflation rate was 64.86% in January, and 64.27% in December.

A group of 10 economists forecast that monthly inflation will average 4.04%, with projections ranging between 3.4% and 5%. Monthly inflation in January was 6.7%.

The Turkish Statistical Institute will announce February’s consumer price index on Monday, March 4.