India, March 3 -- Turkey's consumer price inflation eased for the ninth consecutive month to the lowest since mid-2023, figures from the Turkish Statistical Institute showed on Monday.
Consumer price inflation softened to 39.05 percent in February from 42.12 percent in January. This was the lowest since June 2023. The rate was forecast to slow to 39.9 percent.
The inflation was largely driven by the 94.9 percent surge in education and 70.81 percent rise in housing.
On a monthly basis, inflation more than halved to 2.27 percent from 5.03 percent in the previous month.
Another report from the statistical office showed that producer prices advanced 25.21 percent in February from a year ago. However, this was weaker than January's 27.2 perc...