{"id":779725,"date":"2026-07-05T02:39:45","date_gmt":"2026-07-05T02:39:45","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/779725\/"},"modified":"2026-07-05T02:39:45","modified_gmt":"2026-07-05T02:39:45","slug":"turkiyes-annual-inflation-eases-to-32-1-percent-in-june-below-expectations","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/779725\/","title":{"rendered":"T\u00fcrkiye\u2019s annual inflation eases to 32.1 percent in June, below expectations"},"content":{"rendered":"<p>             ISTANBUL  \u00a0<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/07\/6a4765bc5625e6181d3f962e.jpg\" alt=\"T\u00fcrkiye\u2019s annual inflation eases to 32.1 percent in June, below expectations\"\/><\/p>\n<p>\u00a0<\/p>\n<p><a title=\"T\u00fcrkiye\" href=\"https:\/\/www.hurriyetdailynews.com\/index\/turkiye\" rel=\"nofollow noopener\" target=\"_blank\">T\u00fcrkiye<\/a>\u2019s <a title=\"annual\" href=\"https:\/\/www.hurriyetdailynews.com\/index\/annual\" rel=\"nofollow noopener\" target=\"_blank\">annual<\/a> consumer inflation eased to 32.11 percent in June, slightly below market expectations, as monthly price increases remained limited amid slower energy-linked pressure, official data showed on July 3.<\/p>\n<p>The consumer price index (CPI) rose 0.99 percent on a monthly basis, while inflation climbed 17.76 percent from the end of last year, according to the Turkish Statistical Institute (T\u00dc\u0130K).<\/p>\n<p>The disinflation process, which was interrupted due to rising global energy prices from supply shocks, has resumed, Finance Minister Mehmet \u015eim\u015fek wrote on social media, commenting on the June inflation.<\/p>\n<p>\u201cFor the remainder of the year, we expect disinflation to continue with contributions from normalization in commodity prices, rule-based pricing practices, a downward trend in rental inflation and a moderate demand outlook,\u201d he said.<\/p>\n<p>\u201cWe are sustaining our policies in line with our goal of achieving lasting price stability,\u201d \u015eim\u015fek added.<\/p>\n<p>Economists had expected monthly inflation at 1.04 percent, with annual inflation projected at 32.17 percent, according to an Anadolu Agency survey.<\/p>\n<p>The annual figure slowed from 32.61 percent in May, signaling a renewed moderation in headline inflation.<\/p>\n<p>Housing, water, electricity, gas and other fuels posted the highest annual increase among the three largest expenditure groups, rising 45.14 percent year-on-year, down from 45.59 percent in May. The group contributed 5.92 percentage points to annual inflation.<\/p>\n<p>Food and non-alcoholic beverages rose 35.45 percent annually, contributing 8.61 percentage points to the headline figure, while transportation prices increased 31.15 percent, adding 5.19 percentage points.<\/p>\n<p>On a monthly basis, housing, water, electricity, gas and other fuels rose 2.30 percent, contributing 0.27 percentage points to monthly inflation.<\/p>\n<p>Food and non-alcoholic beverages increased 0.17 percent month-on-month, while transportation prices edged down 0.05%, limiting upward pressure on the headline reading.<br \/>Among the 174 subclasses covered by the index, prices rose in 138, fell in 26 and remained unchanged in 10.<\/p>\n<p>The special CPI aggregate excluding unprocessed food, energy, alcoholic beverages, tobacco and gold rose 1.66 percent month-on-month and 31.18 percent year-on-year in June. The 12-month average inflation rate stood at 32.03 percent.<\/p>\n<p class=\"tags\"><a title=\"Inflation\" href=\"https:\/\/www.hurriyetdailynews.com\/search\/Inflation\" rel=\"nofollow noopener\" target=\"_blank\">Inflation<\/a>, <\/p>\n","protected":false},"excerpt":{"rendered":"ISTANBUL \u00a0 \u00a0 T\u00fcrkiye\u2019s annual consumer inflation eased to 32.11 percent in June, slightly below market expectations, as&hellip;\n","protected":false},"author":2,"featured_media":779726,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[20870,64,63,99,164,5465,62167],"class_list":["post-779725","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-annual","tag-au","tag-australia","tag-business","tag-economy","tag-inflation","tag-trkiye"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/779725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=779725"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/779725\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/779726"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=779725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=779725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=779725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}