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Turkey’s annual inflation rose to 29.77% in October, its first increase in six months, with monthly consumer prices up 2.58% and food prices up 3.5%. The lira touched 50 per dollar, and the higher-than-expected inflation reading made the central bank’s year-end target harder to achieve and a further rate cut less likely.
Lira weakness raises the local cost of imported energy and intermediate goods, while persistent food inflation may constrain domestic purchasing power. The report does not identify a specific feed-commodity supply change or price move.
londondaily.newsNov 6, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
