Turkey remained bottom of the class for headline annual inflation in March posted by OECD member countries, according to data in the intergovernmental organisation's monthly report.

The country released an official 38.1% y/y reading for the month. Turkey's closest rival for the worst performance, Columbia, registered inflation of only 5% (see the story chart).

If the OECD released its inflation charts in standard proportions, the other countries would not be visible as they only amount to rounding errors compared to Turkey.

For the sake of keeping the others visible, the OECD has inserted breaks in the Turkey inflation bar on its charts. Turkey’s bar, as a result, jumps from 10% to 30%, saving 20 percentage points of space on the diagram.

The same method is applied to the organisation’s food inflation chart. Turkey remained in pole position (or trailing the pack by a long way, however you choose to imagine it) by releasing an official figure of 37% for March. Closest rival for the wooden spoon Norway posted just 8%.

The bar length between 10% and 30% is missing in Turkey’s food inflation bar.

Chart: OECD members’ food inflation releases for March.

In the energy inflation chart, Turkey is, meanwhile, does not pose a scaling problem. The country showed official energy inflation of 38% y/y for March, while Chile recorded 14%, relatively closer to the Turkish figure compared to the situation with the headline and food readings.

As a result, the OECD went with a normal chart for energy releases.

Chart: OECD members’ energy inflation releases for March.

On May 5, Turkey said that its official inflation dipped further to 37.86% in April. At close to 38%, Turkey remains in fifth place in the world inflation league.

Table: Turkey remains behind South Sudan, Zimbabwe, Argentina and Burundi in the world inflation league.