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flag Turkey's inflation rate drops to 33.5%, marking a four-year low amid economic adjustments.

flag Turkey's annual inflation rate fell to 33.5% in July, down from 35.1% in June, marking a three-month downward trend and hitting a four-year low. flag This decline follows a period of soaring prices and a weak Turkish lira due to geopolitical factors and domestic monetary policies. flag The central bank is expected to continue cutting interest rates, with services like housing and education driving price increases. flag Food inflation has notably slowed.

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