File photo: Two women walk past a man who casts fishing lines into the Bosphorus in Istanbul, Turkey, Tuesday, May 30, 2023. AP
Consumer prices rose by 39.6 percent on an annual basis and were almost stable, at 0.04 percent, compared to the previous month, according to the country's statistics agency.
However, these official figures -- the first since President Recep Tayyip Erdogan was re-elected on May 28 -- are challenged by independent economists from Turkey's Inflation Research Group (ENAG).
The latter say annual inflation stands at between 105 and 109 percent, depending on whether or not the free gas offer is taken into account.
Erdogan, who is starting a third term in office, has said tackling inflation is a top priority.
It exceeded 85 percent in autumn 2022 before starting to slow in November.
While prices continue to rise every month, they are doing so less rapidly than during the previous year.