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Turkey's CPI Falls to 31.5% in August, September Rate Cut Bets Rise

2026-09-03 07:11:24

According to Jin10, Turkey's inflation cooled more than expected in August, bolstering market bets for a rate cut as early as September. The country's statistics office reported Thursday that August consumer price inflation fell to 31.5% year-over-year, down from 31.8% in July—the third consecutive monthly decline. Central Bank Governor Fatih Karahhan said last month that second-quarter demand is cooling, which could help offset some inflation risks tied to the Iran-related conflict.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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