Turkey ranks second only to Iran among its neighbors and has a food inflation rate 14 times higher than the EU average.
Turkey's central bank held its key interest ‌rate at 37% as expected on Wednesday, deciding not to hike but warning that ...
If the Trump war unleashes a wrecking ball on the global economy, Turkey can kiss goodbye to its painstaking battle to end its difficulties with rampant inflation. Reading through analysts’ notes this ...
Turkey’s annual price growth accelerated in February, complicating the central bank’s disinflation efforts that’s already been threatened by the spike in energy costs due to the Iran war. Annual ...
Turkey's annual consumer inflation rose to 32.37% in Apr, according to data released today by the Turkish Statistical Institute (TurkStat). Monthly inflation increased by 4.18%, bringing the total ...
ISTANBUL — Turkish inflation surged to nearly 25 percent in September from a year earlier, official data showed on Wednesday, hitting its highest in 15 years and sharpening focus on whether the ...
ISTANBUL, Jan 13 (Reuters) - Turkey's industrial powerhouses including Vestel, SASA and Arcelik, are poised to leave years of ‌poor results and high costs behind by the end of 2026, as ‌the painful ...
As statistics authorities across the globe start to publish inflation data for the month of April, the scale of the Hormuz ...
Turkey’s central bank held borrowing costs, flagging that it could raise interest rates again should inflation rise further on increasing energy prices prompted by the war in the Middle East. The ...
ISTANBUL, Jan 22 (Reuters) - Turkey's central bank lowered ‌its key interest rate by a less-than-expected 100 ‌basis points to 37% on Thursday, citing firming inflation, pricing behaviour and ...