The central government budget posted a deficit of 298.2 billion TRY in May.

This week, geopolitical developments stemming from the Middle East caused risk sentiment in global markets to fluctuate.

Current account deficit stood at 5.7 billion USD in April.

In May, negotiations between the U.S. and Iran remained the main agenda of the global markets.

In May, the CPI rose by 1.71% on a monthly basis, exceeding market expectations (1.63%). During this period, annual CPI inflation also rose to 32.61%.

Turkish economy grew by 2.5% yoy in the first quarter.