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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 is on the verge of ending a scheme protecting deposits from currency depreciation that is estimated to have cost $60 ...
The continued easing in the speed of price rises means the inflation rate has for three months straight trended lower than at ...
Treasury and Finance Minister Mehmet Simsek said on X that annual inflation had fallen to its lowest level in 44 months.
We now expect the CBT to cut by 300bp at the upcoming MPC meeting in September, followed by two more 250bp cuts to 35.0% by ...
In July, emerging market central banks enacted significant rate cuts totaling 625 basis points, the largest since 2022, ...
After hitting a peak of 85% in October 2022, year-over-year inflation in Turkey fell sharply to just under 40% by the middle of 2023—but since then it’s come back with a vengeance.
Turkey’s annual inflation rate ticked up slightly in November, the state statistics agency said on Monday, showing further signs of levelling off following a series of sharp interest rate hikes.
Turkey's central bank on Thursday hiked its key interest rate to 45%, in line as expected. Inflation in Turkey increased to 64.8% year-on-year in December, up from 62% in November.
ISTANBUL (Reuters) - Turkey's annual inflation is expected to continue its decline in September and fall below the central bank's policy rate for the first time since 2021, a Reuters poll showed ...