Annual inflation in Türkiye eased for the fourth consecutive month in January, while monthly consumer price growth saw a stronger-than-expected uptick that officials attributed to "seasonal factors" and one-off adjustments.
The rate of annual inflation cooled to 30.65% from 30.9% in December, the lowest annual reading since November 2021, the Turkish Statistical Institute (TurkStat) said on Tuesday, with food, transport and housing the main contributors to rising prices.
Monthly inflation accelerated to 4.8% from 0.9% in December, driven in part by new year price adjustments
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