Turkish Disinflation Unscathed by Iran War in March

Turkey’s annual inflation slowed more in March than economists had expected, despite economic pressures stemming from the Iran war.

Annual price growth came in at 30.9%, according to data released on Friday by the national statistics agency TurkStat. The rate in February was 31.5%, and the median forecast in a Bloomberg survey of 20 analysts was 31.4%.