By Murat Aslan
ISTANBUL (AA) - Turkey's annual inflation rate in June is projected to have risen to 16.97%, an Anadolu Agency survey found on Friday.
Turkey's annual inflation rate in May was 16.59%, down from 17.14% in April.
The Turkish Statistical Institute will announce the June consumer prices index next Monday.
A group of 18 economists polled by Anadolu Agency forecast that monthly inflation for June averaged at 1.46%, ranging between 1.03% and 2%.
The country's monthly inflation rate in May was 1.68%.