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Posted 16 hours ago
Turkey July PPI cools to 27.83% YoY from 28.09% prior
Turkey's producer price inflation eased to 27.83% year-over-year in July from 28.09% in June, signaling modest disinflation momentum. The decline supports the Central Bank of Turkey's case for further rate cuts, but persistent double-digit inflation keeps TRY vulnerable. USD/TRY and emerging-market FX pairs tracking Turkish monetary policy shifts will respond to the trajectory.
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16 hours ago
Turkey July PPI MOM misses expectations at 1.52%
Turkey's July producer price inflation came in at 1.52% month-over-month, below the prior 1.80%, signaling easing price pressures in the Turkish economy. This softer-than-expected reading may support the central bank's inflation-control narrative and could reinforce expectations for measured monetary policy ahead, affecting USD/TRY direction.
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