Turkey: Inflation increased in March, 3 percent hike for civil servant

Published 2021년 4월 6일

Tridge summary

In March, the consumer price index (CPI) and domestic producer price index (D-PPI) in Nigeria experienced significant increases of 1.08% and 4.13% respectively compared to the previous month. The CPI also saw year-on-year growth of 16.19%, the D-PPI, 31.20%. The rise in inflation has led to civil servants receiving a pay raise, as the 3.71% inflation for the first three months of the year surpassed the 3% increase in the collective agreement. Notably, cauliflower saw the highest price increase at 61.04%, while pumpkin was the most affordable product with a 17.30% decrease. Other products like long pepper, chicken meat, cucumber, curly, red cabbage, onion, and potato also experienced significant price fluctuations.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Accordingly, in the consumer price index (CPI) in March, 1.08 percent compared to the previous month, 3.71 percent compared to December of the previous year, 16.19 percent compared to the same month of the previous year and 13.18 percent compared to the 12-month average. increased. The domestic producer price index (D-PPI) in March was 4.13 percent compared to the previous month, 8.21 percent compared to December of the previous year, 31.20 percent compared to the same month of the previous year and twelve-month averages. 17.04 increased. With the March inflation, civil servants were entitled to pay raise. While inflation was 3.71 percent in the first three months, it has already exceeded the 3 percent hike specified in the collective agreement. On the basis of consumer prices, the highest price increase was in cauliflower with 61.04 percent in March, while the most cheaper product was pumpkin with 17.30 percent. Cauliflower ...

Source: Turkiyegazetesi