FX.co ★ Turkey’s Monthly Inflation Cools in June as CPI Growth Slows to 0.99%

Turkey’s consumer price inflation eased on a month-over-month basis in June 2026, with the Consumer Price Index (CPI) rising 0.99%, down from a 1.71% increase in May 2026. The fresh data, updated on 3 July 2026, point to a slowdown in the pace of price growth compared with the previous month.

The June reading is calculated as a comparison of price changes in June versus May, while the May figure reflected the change from April to May. The deceleration from 1.71% to 0.99% suggests some moderation in short-term inflationary pressures, although the data provided do not indicate the broader annual inflation trend or the underlying drivers of the monthly change.

For market participants and policymakers, the softer month-on-month CPI print may be seen as a tentative sign of easing momentum in consumer prices, but further data will be required to assess whether this represents the start of a more sustained disinflationary trend in Turkey.