In a welcome turn of events for Turkey's economy, the Consumer Price Index (CPI) excluding Energy, Food, Beverages, Tobacco, and Gold, registered a notable decline to 2.4% in May 2025. This figure marks a significant slowdown from April's 3.3%, according to the latest data update on June 3, 2025.
The month-over-month comparison highlights a downward trend in the key inflation indicator, suggesting that the Turkish government's economic strategies may be starting to ease cost pressures. This deceleration is crucial for policymakers and economists who have been grappling with stabilizing the country's inflation-ridden market dynamics.
As the data shows, this drop in core inflation could indicate a burgeoning strength in the domestic financial policies, potentially leading to greater confidence among investors. With this newfound optimism, Turkey might see an uptick in economic activities, laying the foundation for more sustained growth and stability in the months to come.
