
ISTANBUL, Dec 3, 2025 (BSS/AFP) - Turkey's annual inflation slowed in
November to 31.1 percent, down from 32.87 percent in October, its lowest in
four years, official data showed on Wednesday.
Inflation, which stands at 0.9 percent over one month, particularly affected
education with 66.2 percent as well as housing with 49.9 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 central bank forecast that year-end inflation would be at 31-33 percent.
The official figures are disputed by independent economists from the
Inflation Research Group ENAG, who estimate that consumer prices rose by
56.82 percent year-on-year in November.