Turkey inflation eases to lowest level since 2021

BSS
Published On: 03 Nov 2025, 13:31 Updated On:03 Nov 2025, 13:50

ISTANBUL, Nov 3, 2025 (BSS/AFP) - Turkish inflation eased slightly in October, reaching 32.87 percent -- its lowest figure in nearly four years, official data showed on Monday after rising for the first time in more than a year.

The annual figure had experienced a slight rebound in September to 33.29 percent after 15 months of decline, with the increase mainly affecting food and housing prices.

On a monthly basis, consumer prices rose by 2.55 percent, with the highest increases affecting food, which rose 8.4 percent, housing, up 7.8 percent and transport, which rose 4.3 percent.

Turkey has experienced double-digit inflation since 2019, making life increasingly more expensive for millions of people, after President Recep Tayyip Erdogan ordered interest rate cuts in a bid to spur growth.

The figure, which exceeded 75 percent in May 2024 before starting to fall, is now at its lowest level since November 2021.

The official figures are disputed by independent economists from the Inflation Research Group ENAG, who estimate that consumer prices rose by 60 percent year-on-year in October.

 

  • Latest
  • Most Viewed
BGB seizes Indian goods, narcotics worth Tk 21 Crore in Satkhira in past 3 months
DMP files 1,714 cases for violating traffic rules 
Netherlands launches visa centre in Dhaka
Joint investigation underway into attack on BNP leader and killing of madrasah teacher Emdadul
Prof. Tayub Chowdhury new CUCSU treasurer 
Election must be held on time, reforms must be implemented: Akhter
Thousands evacuated as typhoon bears down on Philippines
DRU Sports Festival: men's singles carrom event held
Exports surge 5.41pc in October
15.5pc growth of remittance inflow till November 2
১০