Turkey inflation slows for first time since 2021
Turkey's inflation slowed in November for the first time since May 2021, official data showed on Monday, delivering a boost to President Recep Tayyip Erdogan ahead of next year's election.
The rate slowed to 84.39 percent, according to state statistics agency TUIK, down from 85.51 percent in October.
Turkey's inflation has risen steadily since reaching a low of 16.6 percent in May 2021.
The emerging market's troubled economy has turned into a major stumbling block on Erdogan's path to a third decade in power in a presidential poll due by next June.