Friday, Turkey's statistical office TurkStat announced that the consumer price index or CPI rose 5.73% year-over-year in June, faster than the 5.24% increase in the previous month. Economists were looking for an increase of 5.70%.
On a monthly basis, the CPI increased 0.11% in June, compared to the 0.64% growth in May. Economists had expected an increase of 0.1%.
Separately, the statistical office said producer prices dropped 1.86% year-on-year in June, after falling 2.46% in May. Economists were expecting a decline of 2.6%.
Month-on-month, producer prices rose 0.94% in June, in contrast to a 0.05% fall seen in the preceding month. Economists had predicted an increase of 0.1%.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.