HomeEconomyTürkiye's annual inflation falls to 35.1% in June

Türkiye’s annual inflation falls to 35.1% in June

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Annual inflation in Türkiye eased additional in June to almost 35.1%, official information confirmed on Thursday, persevering with a downward pattern amid a interval of disinflation lasting for the reason that center of final 12 months.

The client worth index (CPI) got here in at 35.05% in June, slowing down from 35.41% in May, the information from the Turkish Statistical Institute (TurkStat) revealed.

The month-to-month inflation rose 1.37%, TurkStat stated.

Both charges got here in barely beneath market estimates, which noticed inflation at round 35.2% and month-to-month at 1.45%.

Turkish central financial institution saved charges regular at 46% final month, after reversing the easing cycle that it pivoted on the finish of final 12 months.

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