Turkey’s Crisis Cools Inflation

Turkey’s recent financial turmoil may be having an unexpected effect: helping to slow inflation. Annual consumer-price growth fell to 29.7% in September, down from 31.5% in August and marking the fourth consecutive monthly decline. The figure was also below the 30.3% median forecast of economists surveyed by Bloomberg. Monthly inflation stood at 1.84%, unchanged from August but below the 2.28% economists had expected. While transportation, education and housing remained among the main sour