The economic agenda of the government will intensify after the Ramadan holiday. April will kick off with inflation figures. Foreign trade data and the Central Bank’s interest rate decision are among the prominent topics. The Turkish Statistical Institute (TÜİK) will announce inflation data for March on April 3rd. The Consumer Price Index (CPI) rose by 2.27% on a monthly basis in February, while the Domestic Producer Price Index (YI-PPI) increased by 2.12%. Annual inflation stood at 39.05% for consumer prices and 25.21% for domestic producer prices. On the same day, the Ministry of Trade will also announce foreign trade data for March. In the first two months of the year, exports reached $41.9 billion, marking a 2.1% increase compared to the same period last year, with exports in February totaling $20.8 billion. TÜİK will disclose the real yields of financial investment instruments for March on April 8th. When adjusted for the Consumer Price Index, gold bars had the highest monthly real yield in February at 7.76%. BUDGET FIGURES TO BE REVEALED TÜİK will share the results of the February industrial production index with the public on April 10th. The index had experienced a 2.3% decrease on a monthly basis in January, but a 1.2% rise in annual terms. The Central Bank of the Republic of Turkey (CBRT) will announce the balance of payments statistics for February on April 14th. While Turkey posted a deficit of $3.795 billion in its current account balance in January, excluding gold and energy, there was a surplus of $2.403 billion in the current account. The Ministry of Treasury and Finance will release the budget implementation results for March, thus revealing the first quarter budget outcomes. Central government budget revenues were set at 723.425 million liras in February, with expenditures totaling 1.033517 trillion liras. TÜİK will share the producer price index of agricultural products for March and housing sales statistics for March on April 16th. INTEREST RATE DECISION TO BE ANNOUNCED ON APRIL 17TH The Monetary Policy Committee of the CBRT will meet on April 17th. The Committee had raised the overnight lending rate to 46% during an interim meeting on March 20th, stating that monetary policy stance would be tightened if a significant and lasting deterioration in inflation was expected. An International Economic Summit will take place in Sapanca from April 17th to 20th under the theme of “Changing global realities and future 5.0.” The summit is expected to be opened by Minister of Treasury and Finance Mehmet Şimşek. The conference, featuring leading figures from the economy, politics, and business, will discuss various topics such as new investments and opportunities, global economic transformation, a new era in EU and Germany relations, the future of defense technologies, cross-border opportunities in e-commerce, new export strategies, and artificial intelligence. TÜİK will report on the data for motor vehicles in March on April 18th. While February saw 136,810 vehicles registered, 3,338 were deregistered, resulting in a net increase of 133,472 in the total number of vehicles on the road. On April 21st, the institute will release the foreign producer price index for March along with the agricultural input price index for February. UNEMPLOYMENT AND ECONOMIC CONFIDENCE INDEX TÜİK will share the Consumer Confidence Index results for April on April 22nd. The same day, the institute will disclose domestic tourism data for the fourth quarter of 2024. On April 24th, the CBRT will share economic trend statistics, real sector confidence index, and manufacturing industry capacity utilization rates for the month. Economic confidence index figures for April will be unveiled on April 29th. In March, the index rose by 1.6% on a monthly basis to reach 100.8, exceeding the reference value. TÜİK will also announce labor force statistics for March on April 29th. In February, the number of unemployed decreased by 95,000 to reach 2.886 million, with the unemployment rate standing at 8.2% after a 0.2 percentage point decline.