Consumer prices in Turkey rose by 2.5 percent in August compared to the previous month. This means an inflation rate - i.e. price increase in annual terms - of 52 percent.
This can be compared to the inflation rate of 61.8 percent in July.
The decline in inflation was in line with market expectations, according to a compilation of forecasts by the news agency Bloomberg.
Turkey's central bank has, to curb the price increase rate, raised the interest rate to 50 percent. But there is still much to be done to get the inflation down to the inflation target of 5 percent.
The aim, according to the central bank, is to use the restrictive monetary policy this year to bring down the inflation rate in the country to 38 percent.
