Pedestrians in a shopping zone in the Kizilay district of Ankara. Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkey’s inflation accelerated less than predicted by economists, as global shocks in food and energy markets compounded domestic pressures from currency depreciation and low interest rates. Consumer prices rose an annual 78.62% through last month, up from 73.5% in May, Turkey’s statistics agency, or Turkstat, said Monday . The median estimate in a Bloomberg survey of 17 analysts was for 79.95%. Monthly inflation was 4.95%, compared with the median estimate of 5.73% in a separate survey. Below are some of the highlights of the inflation report: Producer prices rose by an annual 138.31% Annual price gains in food accelerated to 93.93% from 91.6% in May A core inflation index, which strips out the impact from volatile items including food and energy, rose […]