05/08/2025 03:09 AST

Turkish annual consumer price inflation dipped more than expected to 33.52% in July, official data showed on Monday.

Month-on-month, inflation was 2.06%, the Turkish Statistical Institute said, below forecasts. In June, CPI inflation was 1.37% monthly and 35.05% annually.

In a Reuters poll, the monthly inflation rate was expected to be 2.4% in July, with the annual rate seen at 34.05%.

The domestic producer price index rose 1.73% month-on-month in July for an annual rise of 24.19%, the data showed.


Asharq Al Awsat

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