Turkey's inflation rate has shown a promising decline as the country’s Consumer Price Index (CPI), excluding energy, food, beverages, tobacco, and gold, slowed to 35.4% in May 2025, according to data updated on June 3, 2025. This decrease is evident from the previously recorded rate of 37.1% in April 2025, indicating a continued downtrend for the second consecutive month.
The year-over-year comparison highlights a notable improvement from May last year, illustrating a positive shift in Turkey's economic landscape. Economists attribute this decline to various factors, including tighter monetary policies and measures aimed at stabilizing inflation rates.
This encouraging indicator marks a step forward in Turkey's efforts to control inflation, providing a glimmer of hope for economic stability. Policymakers and economists continue to monitor the situation closely to ensure these gains are sustained in the coming months. With a focus on further economic reforms, Turkey aims to cement this downtrend, bolstering market confidence and fostering a more stable economic environment.
