The latest data from the UK's Office for National Statistics (ONS) reveals a modest uptick in the Consumer Price Index (CPI), with inflation edging up by 3.2 percent in the 12 months leading to March 2024. This marks a slight decrease from the 3.4 percent recorded in February. On a monthly basis, CPI saw a 0.6 percent increase in March, a modest slowdown from the 0.8 percent rise observed in the same period last year.

In March, Turkiye witnessed a 3.16% month-on-month (MoM) increase and a staggering 68.5% year-on-year (YoY) rise in the general consumer price index (CPI). Despite this notable uptick, the clothing and footwear sector emerged as a beacon of stability, displaying the lowest annual CPI increase compared to other key groups, according to data released by the Turkish Statistical Institute.

MILAN — March 26, 2024 — As the technical textile industry gears up for Techtextil, the premier global fair for technical and innovative textiles in Frankfurt from April 23 to 26, Italian textile machinery companies are poised to take center stage. With over 50 Italian firms showcasing their cutting-edge technologies, the event promises to be a showcase of Italian innovation and expertise in the field.