Turkey's inflation rate showed a larger-than-expected slowdown in July 2025, with the Consumer Price Index (CPI) rising 2.06% month-over-month, below the estimated 2.50%. The year-over-year CPI came in at 33.52%, down from 35.05% in June and slightly below the forecast of 34.10%. This faster-than-anticipated disinflation has provided support to monetary policymakers following the recent decision to resume interest-rate cuts. The Central Bank of the Republic of Turkey (CBRT), led by Simsek and his team, is making progress toward reducing inflation, with hopes to bring the year-end rate down to 28%.