Turkey inflation slows to 31.75% as Iran war energy costs pressure outlook

Bloomberg · 15 hours ago
Turkey inflation slows to 31.75% as Iran war energy costs pressure outlook
  • Annual consumer-price inflation eased for a second consecutive month to 31.75% in July from 32.1% in June.
  • July inflation was below the 31.9% median estimate in Bloomberg's economist survey.
  • Persistently high energy prices driven by the Iran war remain a risk to the central bank's year-end inflation forecast.