Inflation & Prices

Turkey’s Inflation Slowdown Loses Momentum After Market Turmoil

Shoppers browse garments for sale at the Findikzade market in Istanbul.Photographer: Kerem Uzel/Bloomberg

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By Baris Balci and Beril Akman

May 5, 2025 at 7:04 AM UTC

Updated on

May 5, 2025 at 8:40 AM UTC

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A slowdown in Turkey’s inflation lost momentum in April, after a sharp selloff in lira assets triggered by the jailing of key opposition figure Ekrem Imamoglu.