Türkiye's annual inflation hits 18-month low in June
Official figures released on Wednesday revealed that Türkiye's annual inflation rate for June stood at 38.21%, the lowest level recorded since December 2021.
- Economy
- Anadolu Agency
- Published Date: 11:01 | 05 July 2023
- Modified Date: 11:01 | 05 July 2023
Türkiye's annual inflation rate came in at 38.21% in June, marking the lowest level since December 2021, official figures showed on Wednesday.
The country's annual inflation was 36.08% in December 2021, 78.62% in June 2022, 48.69% in January 2023, and 39.59% in May 2023, according to data by the Turkish Statistical Institute .
In June, the highest annual price change was seen in hotels, cafes and restaurants with 67.22%, while the lowest change was in housing with 14.76%.
Türkiye's monthly inflation reached 3.92% in June.
OTHER ECONOMY NEWS