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Turkish Inflation Slows to 35.1% in June, Extending Downtrend

Turkish Inflation Slows to 35.1% in June, Extending Downtrend

Bloomberg03-07-2025
Turkey's annual inflation slowed faster than expected in June, reinforcing the prospect of an impending resumption of interest-rate cuts.
Consumer prices rose 35.1 % last month in annual terms, compared to 35.4% in May, data from state statistics office TurkStat showed Thursday. Economists had expected inflation to ease marginally to 35.3%, according to the median forecast in a Bloomberg survey.
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