Türkiye’s inflation rises for the first time since May 2024 to 33.2% in September – Türkiye Today

Türkiye’s inflation rose to 33.29% in September as the monthly consumer price increase came in at 3.23%, disrupting the 15-month uninterrupted downward trend, the Turkish Statistical Institute (TurkStat) reported on Friday.

The reversal ends an easing trend that began after the peak of 75.5% in May 2024, clouding the official year-end inflation projection of around 29% for 2025.

The development also narrows the Turkish central bank’s policy space ahead of its October meeting, where markets had anticipated another interest rate cut.

Details to follow…

October 03, 2025 10:16 AM GMT+03:00