Turkey has banned chicken exports and cracked down on “exorbitant” food prices ahead of the Ramadan religious holiday at a time of economic hardship, stubbornly high inflation — and a row over an ...
Turkey's central bank on Thursday increased its estimates for inflation as officials try to rein in soaring price increases ...
The International Monetary Fund has praised Turkey’s efforts to bring down inflation while maintaining economic growth, but called for more to be done to consolidate gains and lower subsidies, ...
Cautious tight monetary policy stance will be maintained until price stability is achieved, to strengthen disinflation ...
By Nevzat Devranoglu and Jonathan Spicer ANKARA, Feb 9 (Reuters) - Turkey's central bank is expected to revise upwards its ...
Turkey's central bank nudged up by two percentage points its year-end inflation forecast range to 15-21% on Thursday and maintained its interim 16% target, despite market doubts about whether the ...
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 ...
As in previous years, food prices began to rise again ahead of Ramadan. In Jan, TurkStat recorded 6.59% food inflation, ...
Turkey's annual inflation slowed in December to 30.9 percent, a fourth straight month of declines and well below the 44.4 percent posted in the same month of 2024, official figures showed Monday.
Food prices played a significant role in January’s elevated inflation, the governor said, pointing specifically to a sharp ...
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 ...
ISTANBUL — Turkey's central bank signaled on Monday it would take action against "significant risks" to price stability, a rare move to calm financial markets after inflation surged to its highest in ...