Turkiye’s annual inflation seen slowing to 32.5% in September

Agencies

The annual inflation rate in Türkiye is seen slowing down slightly to 32.5 percent in September, according to two recent polls, which also indicated the month-over-month rate would likely be 2.5 percent or 2.6 percent.

Both polls from Reuters and finance-focused Bloomberg HT broadcaster showed on Friday that the annual consumer price index (CPI) is likely to touch 32.5 percent this month, marking a mild decrease compared to nearly 33 percent in August.

The monthly inflation rate is expected to be 2.6 percent in September, driven by increases in education and food prices, according to a Reuters poll.