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Turkish annual consumer price inflation dipped more than expected to 33.52% in July, official data showed on Monday, ...
By Akin Nazli in Belgrade Turkey’s consumer price index (CPI) inflation officially stood at 34% y/y in July versus 35% y/y in ...
Turkey's disinflation process is continuing in a determined manner that will bring inflation into single digits in two years, ...
Treasury and Finance Minister Mehmet Simsek said on X that annual inflation had fallen to its lowest level in 44 months.
Turkey remains the frontrunner in food inflation among OECD countries. While the OECD average for food inflation stood at 4.6 ...
Turkey's central bank has been on a prolonged mission to bring down inflation, implementing eight consecutive interest rate hikes since May 2023, for a cumulative 3,650 basis points.
Turkey's inflation hit a two-decade high near a whopping 50 percent in January, official data showed Thursday, as a currency crisis decimated people's purchasing power and complicated President ...
For Turkey, 2021 was marked by a free-falling currency, the lira, and record-high inflation. The government’s monetary policy has sent the country into economic turmoil, and as Nick Schifrin ...
Turkey's October Consumer Price Index showed annual inflation was up 85.5% from a year ago in October, driven largely by energy and food prices. The severe inflation has lasted for 17 straight months.