Turkish annual consumer price inflation dipped more than expected to 33.52% in July, official data showed on Monday, sustaining a downward trend despite strong rises in housing and education sector prices.

The country’s inflation rate decelerated to its lowest level in nearly six years in July due to the slower increase in utilities costs and the decrease in food commodities’ prices during the period, the Philippine Statistics Authority (PSA) said Tuesday.

Inflation in Türkiye dropped more than expected in July to reach the lowest level in almost four years, according to data on Monday that officials