Türkiye’s annual consumer inflation fell to 29.73% in September from 31.51% in August, the Turkish Statistical Institute (TÜİK) said, with prices rising 1.84% month-on-month, below the 2.18% average forecast in an AA Finans survey of economists.


Food and non-alcoholic beverages fell 0.20% month-on-month (up 27.62% annually), transport rose 2.79% (35.10% annually) and housing and utilities rose 2.71% (39.99% annually). The independent Inflation Research Group (ENAG) put monthly inflation at 2.10% and annual inflation at 46.61%. The maximum rent increase for contracts renewed in October is 31.49%.