Turkey’s inflation rate eases slightly more than expected in July

Turkey’s inflation slowed slightly more than expected in July, but the war in Iran and the resulting turmoil in energy markets are likely to push the central bank towards a cautious stance, Bloomberg reported on Monday.

Annual consumer price growth eased for a second straight month to 31.8 per cent, down from 32.1 per cent in June, according to the state statistics agency TurkStat....