Turkey’s annual inflation slows to 31.51% in August
Consumer prices rose 1.84% monthly as food inflation measured 33.79% annually.
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Consumer prices rose 1.84% monthly as food inflation measured 33.79% annually.
Consumer prices rose 1.84% from August and 29.73% year over year, TÜİK reported.
Imports grew faster at 10.5%, leaving an August trade gap of about $5.24 billion.
First-hand sales fell 4.5% and existing-home sales 19.4%, while mortgaged sales increased 7.2%.
Domestic producer prices rose 2.07% monthly; manufacturing prices gained 29.09% annually.
The index increased 2.87% monthly, while transport and storage prices rose 40.07% annually.
The Treasury and Finance Ministry reported 12.9 billion lira of monthly surplus as revenue slightly exceeded spending.
BoE data show CET1 capital rose to £470 billion as risk-weighted assets reached £3.118 trillion.
HMRC estimates £94.2 billion in corporate tax liabilities for 2024–25.
The four governments also discussed fiscal pressures and preparations for the 2027 Spending Review.
Services, production and construction all expanded during the month, according to ONS’s early estimate.
ONS attributes the largest contributions to clothing and footwear, restaurants and hotels, and housing.
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