Monthly inflation also decreased to 2.55% after being 3.2% in the previous month. This figure was lower than Reuters’ expectations, which indicated it would reach 33.24%.
According to the data, food prices increased by 34.9% on an annual basis, while housing prices increased by 50%, making these two categories the main drivers of inflation in the country.
In this context, Finance Minister “Mehmet Şimşek” stated that achieving the specified inflation target between 25% and 29% by the end of this year seems difficult, but he also confirmed that this decline will continue during 2026.
The data also revealed a rise in producer prices by 1.63% on a monthly basis and 27% on an annual basis, indicating continued pressure in various production sectors.
