2026.07.0307:00:00UTC+00Turkey’s Core Inflation Eases to 29.8% in June, Marking Slight Year-on-Year Slowdown

Turkey’s core inflation, measured by the CPI excluding energy, food, beverages, tobacco and gold, edged down to 29.8% year-on-year in June 2026, from 30.4% in May 2026. The updated data, released on 3 July 2026, indicate a modest easing in underlying price pressures compared with the same month a year earlier.

The year-on-year comparison shows that while inflation remains elevated, the direction of travel in the core index points to a slight cooling of broad-based price increases. The “previous” reading of 30.4% reflected the change in May relative to May a year earlier, whereas the June figure of 29.8% captures the change in June versus the same month a year ago.

For analysts and investors, the small decline in this core measure is a key signal for assessing the persistence of inflation in Turkey’s economy, as it strips out some of the most volatile components and focuses on more stable price dynamics.