Türkiye annual inflation eases to 38.21% in June

Türkiye’s annual inflation rate decreased for the eighth consecutive month to reach 38.21 percent in June against a forecast of 39.47 percent, the Turkish Statistical Institute (TÜİK) announced on Wednesday.

The consumer prices advanced 3.92 percent in June from May, when the monthly inflation was 0.04 percent, pushed down by a temporary offer of free gas to households.