ADVERTISEMENT

ECONOMY

Economists expect Türkiye’s annual inflation to ease to 31.8% in July

İSTANBUL

Türkiye’s annual consumer inflation rate is expected to ease to 31.8% in July, according to an Anadolu survey released Thursday.

The annual rate stood at 32.11% in June.

Anadolu’s Inflation Expectations Survey, conducted ahead of official data due Monday, was based on estimates from 17 economists.

The economists expect the Consumer Price Index to rise by an average of 1.82% month-on-month in July, with forecasts ranging from 1.35% to 2.10%.

Their average year-end inflation forecast was 29.55%.

Türkiye’s consumer prices rose 0.99% month-on-month in June.

The Turkish Statistical Institute will release the official July inflation figures on Aug. 3.

  • We use cookies on our website to give you a better experience, improve performance, and for analytics. For more information, please see our Cookie Policy By clicking “Accept” you agree to our use of cookies.

    Read More