Inflation in Tรผrkiye eased to its lowest in four years in November, official data showed on Wednesday, with both annual and monthly readings coming in below expectations, primarily due to food prices.
Annual consumer price inflation cooled to 31.07%, down from 32.87% in October, the Turkish Statistical Institute (TurkStat) said.
The figure, which had reached as high as 75% in May 2024, is now at its lowest level since November 2021, when it was 21.31%.
Month-over-month, inflation stood at 0.87%, falling below 1% for the first time in 30 months.
Continue Reading on Daily Sabah
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.