BAKU, Azerbaijan, July 9. Housing costs were
the main driver of Türkiye's monthly consumer inflation in June
2026.
This was reflected in a publication issued by the Turkish
Statistical Institute (TurkStat).
According to the data, prices for housing, water, electricity,
gas, and other fuels increased by 2.3% from the previous month,
making the largest contribution to June's monthly Consumer Price
Index (CPI) by adding 0.27 percentage points.
Food and non-alcoholic beverage prices rose by 0.17%
month-on-month, contributing 0.04 percentage points to monthly
inflation, the institute reports.
Meanwhile, transportation prices declined by 0.05% compared to
May, subtracting 0.01 percentage points from the monthly CPI
increase, TurkStat said.
Against this backdrop, the International Transport Forum (ITF)
shared its assessment of the region's evolving transport landscape
in an exclusive interview with Trend. The organization said the Middle Corridor - the
trade route linking China and Central Asia with Europe via the
Caspian Sea, the South Caucasus, and Türkiye - would continue to
retain its strategic importance for Eurasian connectivity even if
southern routes through Iran become more attractive following a
lasting normalization of relations between Washington and
Tehran.
"The Middle Corridor would nevertheless retain strategic value
as a diversified Asia–Europe route that avoids both Russia and
Iran. It will continue to benefit from strong political and
investment support for Eurasian connectivity," the organization
told Trend.
The ITF added that improved relations could increase the
attractiveness of overland routes through Iran for cargo moving
between Central Asia, the Persian Gulf, Türkiye, and Middle Eastern
markets, while emphasizing that the long-term competitiveness of
the Middle Corridor will depend on addressing operational
bottlenecks.
