Inflation in Turkey rose to 33.29% in September, as the monthly rise in consumer prices amounted to 3.23%, interrupting the 15 -month uninterrupted downward trend, according to data released on Friday by the Turkish Statistical Service (Turkstat).

This reversal ends the tendency to relax after the top 75.5% in May 2024, blurring the official inflation prediction at the end of the year, which was about 29% for 2025.

This development also limits the Turkish Central Bank’s policy of policy ahead of its meeting in October, where markets had foreseen a new interest rate reduction, Turkey Today notes.

The Central Bank had predicted a rise in September due to the start of the school year. “Education and transport services have increased prices due to the tuition of private universities and school bus fares,” he said in the minutes of the September interest rates.

The Monetary Authority reiterated the interest rate reduction cycle in July with a reduction of three percentage points from 46%. Last month, it slowed down the rate of reductions slightly, bringing the policy rate to 40.5%, as growth in gross domestic product showed strong consumption and inflation in August was higher than expected.