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Turkey’s Inflation Rate Eases Slightly More than Expected in July

Summary by Cyprus Mail
Turkey’s inflation slowed slightly more than expected in July, but the war in Iran and the resulting turmoil in energy markets are likely to push the central bank towards a cautious stance, Bloomberg reported on Monday. Annual consumer price growth eased for a second straight month to 31.8 per cent, down from 32.1 per cent […]

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The Turkish Statistical Institute's (TÜİK) announcement of July's inflation rate as 1.78 percent monthly and 31.75 percent annually has drawn strong criticism from economists. Experts pointed out that official data is detached from the cost of living felt by the public and from finalized court decisions, warning that chronic problems and rigidities in the economy persist.

·Istanbul, Türkiye
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gazetepencere.com broke the news on Monday, August 3, 2026.
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