Annual inflation slows to 15-month low of 48.6 pct in October
Inflatie
ISTANBUL The annual inflation rate further slowed from 49.38 percent in September to 48.58 percent in October, the lowest rate since July 2023, according to data from the Turkish Statistical Institute (TÜİK) on Nov. 4. Consumer prices advanced 2.88 percent last month, easing from 2.97 percent in September. “It takes time to remove rigidities, but developments in this regard are positive,” Finance Minister Mehmet Şimşek wrote on social media platform X, commenting on the latest inflation numbers.
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