ANKARA, April 11 (Xinhua) -- Year-end inflation expectations in Türkiye have edged higher in April, from 28.04 percent in the previous month to 29.98 percent, according to the central bank's latest survey of market participants released on Friday.

The 12-month ahead expectation also rose from 24.55 percent to 25.56 percent, and consumer prices are projected to rise by 3.07 percent in April and 2.2 percent in May, according to the survey.

The annual inflation rate in Türkiye slowed to 38.1 percent in March, marking its lowest level since December 2021, with a monthly inflation of 2.46 percent.

In February, the central bank revised its official year-end inflation forecast for 2025 from 21 percent to 24 percent, while maintaining its 2026 forecast at 12 percent.

The survey also revised the expected U.S. dollar/Turkish lira exchange rate for year-end 2025 to 43.60, up from the previous 42.79.

Additionally, growth expectations for Türkiye's economy in 2025 were slightly reduced from 3.1 percent to 3 percent, according to the survey. Enditem

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