Turkey’s inflation rises to 32.61% in May amid war impact in World Economy News 06/06/2026 Turkey’s consumer price inflation reached 32.61% annually in May, according to official data released Friday. The monthly inflation rate stood at 1.71%. The annual figure exceeded the forecast of 32.50% from a poll, while the monthly rate surpassed the expected 1.63%. The data reflects ongoing price pressures linked to the U.S.-Iran war. In April, Turkey recorded monthly inflation of 4.18% and an annual rate of 32.37%, both higher than market expectations. The war has affected disinflation expectations among market participants and the central bank. Some analysts suggest the central bank may consider raising interest rates at its meeting next week. The median estimate for Turkey’s annual inflation at the end of 2026 stands at 29%, which remains above the central bank’s projections. Source: Investing.com 2026-06-06 hellenicshippingnews... tweet Share