03.07.202607:00:00UTC+00Turkey’s Core Inflation Momentum Cools Sharply in June

Turkey’s core consumer inflation excluding energy, food, beverages, tobacco and gold slowed markedly in June, signaling a notable easing in underlying price pressures. The month-on-month CPI Ex E,F,B,T&G indicator rose 1.5% in June 2026, down from a 2.9% increase in May 2026.

The data, updated on 3 July 2026, show that core prices are still rising on a month-over-month basis, but at almost half the pace recorded in the previous month. The comparison uses the standard month-on-month framework, with the June figure measured against May, and the prior 2.9% reading reflecting May’s change versus April.

The sharp deceleration in this core gauge will likely draw attention from investors and policymakers watching for signs that Turkey’s underlying inflation trend may be moderating after a period of elevated price growth. However, with the index still advancing, the sustainability of this slowdown will remain a key focus in the coming months.