Wall Street closes at a record for the first time since end of January
Investing.com -- Turkey’s annual inflation rate dropped to 31.1% in November 2025, down from 32.9% in October, according to data released Wednesday. The figure came in below market expectations of 31.6%.
Consumer prices increased by 0.9% month-over-month, marking the smallest monthly gain in more than two years. The significant decline in inflation was partly driven by food prices, which fell 0.7% compared to October.
Core inflation also showed signs of easing, rising by 1.2% month-over-month, the lowest monthly increase recorded so far this year.
The better-than-expected inflation data provides support for the Turkish central bank to continue its monetary easing cycle at its upcoming meeting next Thursday.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.