Turkey Inflation Eases To 29.73%, Lowest In Nearly 5 Years
- Türkiye’s annual consumer inflation fell to 29.73% in September from 31.51% in August, marking its fourth consecutive monthly decline.
- Consumer prices rose 1.84% from August to September.
- Transportation prices increased 2.79% monthly, while housing-related costs rose 2.71%.
- Annual price increases included 27.62% for food and non-alcoholic beverages, 35.10% for transportation, and 39.99% for housing.
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52 Articles
Turkey ' s annual inflation fell to 29.73% in September, at the lowest level since November 2021, while the slowdown in prices reinforced expectations of lower interest at this month ' s Central Bank meeting.
Turkey Inflation Eases To 29.73%, Lowest In Nearly 5 Years
Turkey's consumer price inflation moderated in September to the lowest level in nearly five years. Consumer price inflation slowed to 29.73 percent in September from 31.51 percent in August. The annual price growth in food and non-alcoholic beverages eased to 27.62 percent from 33.79 percent. Producer price inflation softened to an 8-month low of 27.38 percent in September from 27.95 percent.
Consumer prices rise 1.84% month-on-month, while food prices decline 0.20%
Turkish official data today showed that Turkey ' s annual inflation rate fell last September to 29.73 percent.
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