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flag Turkey's inflation dropped to 32.87% in October 2025, the lowest since 2021, but remains high amid skepticism over official data.

flag Turkey's annual inflation eased to 32.87% in October 2025, the lowest since November 2021, down from 33.29% in September, according to official data, with monthly inflation at 2.55%, below forecasts. flag The decline was driven by slower price increases in food and housing, though inflation in housing and utilities remained above 50% annually. flag Producer prices rose 27% annually, signaling persistent cost pressures. flag Despite the moderation, inflation remains high, and the central bank maintained its rate-cutting cycle. flag Independent economists question the official figures, citing a potential 60% inflation rate, while the government projects stronger disinflation in 2026.

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