Turkey’s inflation slows to 38.2%

Turkey's annual inflation rate slowed to 38.2 per cent in June, official data showed Wednesday, although economists warned that this may be a low point for the year.

The rate slowed from 39.6 per cent in May, according to the TUIK state statics agency.

A separate study released by independent economists from the ENAG group who question the official data put the June figure at 108.6 per cent, up from 105.2 per cent in May.