Consumer prices in June up 35.05% year-on-year and 1.37% month-on-month
Türkiye's annual inflation was at 35.05% in June, down from 35.41% in May, below market estimates, official figures from the Turkish Statistical Institute (TurkStat) showed Thursday.
The markets had expected annual inflation for last month to come in at 35.2%.
The figure marked the lowest increase in consumer prices in Türkiye since December 2021, when it was 36.08%.
The highest price rises in June on a yearly basis were seen in education with 73.33%, housing 65.54%, and health care 38.7%, according to TurkStat data.
On the other hand, the lowest price hikes were in clothing and footwear with 14.47%, communications with 18.43%, and recreation and culture with 27.53%.
TurkStat said there were three main expenditure groups with the highest weight: food and non-alcoholic beverages with annual inflation of 30.2%, along with transportation with 27.72% and housing with 65.54%.
"The contributions of these main groups to the annual change were 7.60% for food and non-alcoholic beverages, 4.51% for transportation, and 9.22% for housing," it added.
Türkiye's monthly inflation rate in June was 1.37%, down from 1.53% in May.
The monthly figure was also below market forecasts of 1.45%.
