03.07.202607:25:34UTC+00Turkey Inflation Rate at 3-Month Low

The annual inflation rate eased to 32.11% in June 2026 from 32.61% in May, in line with market expectations. This was the lowest reading since March, largely reflecting slower price growth in housing (45.14% vs. 45.59% in May) and transportation (31.15% vs. 34.29%). Price increases also softened in several other categories, including furniture and household goods (22.32% vs. 22.36%), health (33.62% vs. 32.94%), education (46.10% vs. 50.06%), information and communication (25.57% vs. 25.58%), various goods and services (22.71% vs. 23.35%), and recreation and culture (25.39% vs. 25.88%).

By contrast, inflation continued to accelerate in food and non-alcoholic beverages (35.45% vs. 34.86%), restaurants and accommodation services (31.61% vs. 31.59%), clothing and footwear (14.18% vs. 14.08%), and alcoholic beverages and tobacco (34.15% vs. 29.85%). On a monthly basis, consumer prices rose 0.99% in June, slowing from a 1.71% increase in May and marking the smallest monthly gain in six months.