Turkish annual consumer price inflation falls to 33.52% in July

Turkish annual consumer price inflation dipped more than expected to 33.52 per cent in July, official data showed on Monday.

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The Turkish Statistical Institute said that month-on-month inflation was 2.06 per cent, below forecasts.

In June, consumer price index (CPI) inflation was 1.37 per cent monthly and 35.05 per cent annually.

The data showed that the domestic producer price index rose 1.73 per cent month-on-month in July for an annual rise of 24.19 per cent.

Meanwhile Turkey's annual inflation rate dipped to 44.38 per cent in December, posting the seventh consecutive decline since June 2024, according to official data released.

December's figure is below the market expectation of 45.21 per cent, also down from November's 47.09 per cent, Anadolu Agency reported, citing TurkStat.

The lowest annual inflation was seen in trans-

ISTANBUL

The domestic producer price index rose 1.73% month-on-month in July for an annual rise of 24.19 per cent

portation prices at 25.88 per cent, while the highest one was posted by education at 91.64 per cent.