Inflation in Turkey’s Biggest City Slightly Slowed in March

Retail prices in Turkey’s biggest city, Istanbul, rose by 73.02% compared to the previous year, according to data published by the Istanbul Chamber of Commerce on Saturday.

The reading was slightly down from a 78.62% rise in February. Retail inflation in the city was 2.95% on a month-on-month basis, also down from 3,83% a month earlier. Wholesale prices were up 4.96% monthly and 74.22% yearly, the chamber said.