Istanbul, June 3, 2025 (AFP) - Turkish inflation hits lowest level since November 2021

NAMPA / AFP

2025-06-03

Turkish inflation eased further in May to 35.4 percent, reaching its lowest level since November 2021, official figures showed Tuesday, paving the way for a possible interest rate cut. Consumer price rises have now eased for 12 months in a row, after soaring to 75 percent in May last year. Turkey's central bank (CBRT) raised its key interest rate to 46 percent in April after protests over the arrest of Istanbul's opposition mayor put pressure on......

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