Turkey's consumer price inflation eased further in November to the lowest level in nearly one-and-a-half years amid a slowdown in costs for a wide number of categories, figures from the Turkish Statistical Institute showed on Tuesday.
The consumer price index rose 47.09 percent year-over-year in November, slower than the 48.58 percent surge in October.
Further, this was the weakest inflation since June 2023, when prices had risen 38.21 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.