Turkey monthly inflation to rise 4.32% in January, annual rate seen slowing to 30%: Reuters poll

ISTANBUL, Jan 28 (Reuters) - Turkey's monthly inflation rate is expected to rise sharply to 4.32% in January, driven by the ...

Turkey makes smaller than expected rate cut on stubborn inflation concerns

By Ezgi Erkoyun and Ece Toksabay ISTANBUL, Jan 22 (Reuters) - Turkey's central bank lowered its key interest rate by a ...
Yahoo

Turkey Gets More Reprieve From Inflation With Dive Below 50%

(Bloomberg) -- Turkey’s inflation slowed below 50% for the first time in over a year, with risks for price stability rising as the country goes to the polls in less than two weeks. Though the annual ...

Turkey's hobbled industrial giants eye relief in 2026 as inflation battle eases

By Ceyda Caglayan 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, ...
AOL

Turkey’s inflation problem is so severe the central bank just hiked interest rates to 50%, months after it said it was done raising rates

Americans are struggling to cope with interest rates around 5%, but in Turkey, consumers are facing borrowing costs 10 times as high. Turkey’s central bank shocked investors by hiking interest rates ...
Devdiscourse

Turkey’s Inflation Shift: How Sticky Services Prices Undermine Currency Stability

Turkey’s inflation problem has shifted from goods to services, with services prices proving far more persistent and less ...
U.S. News & World Report

Turkey Inflation Dips More Than Expected to Near 35% in May

ISTANBUL (Reuters) -Turkish annual inflation dipped a bit more than expected to 35.41% in May, official data showed on Tuesday, less than half the level that it reached a year earlier as tight ...
Al-Monitor

Turkey’s inflation tops 75% but economy czar says 'worst is over'

A teller counts US dollar bills at an exchange office in Ankara, Turkey, July 20, 2023. — ADEM ALTAN/AFP via Getty Images ANKARA — Turkey's annual consumer inflation rate exceeded 75% in May, the ...
Yahoo

Turkey’s Inflation Is Spiraling Near 70% With Rates at Peak

(Bloomberg) -- Turkey’s annual inflation probably swung to a 15-month high, an acceleration closely watched by a central bank that’s still on alert after ending interest-rate hikes. This year’s steep ...
U.S. News & World Report

Turkey's Monthly Inflation Seen at 2.83% in October, Year-End Seen 32%

ISTANBUL (Reuters) -Turkey's monthly inflation rate is expected to be 2.83% in October, driven by hikes in clothing and food prices, while the year-end annual inflation forecast rose to 32%, a Reuters ...

Fitch upgrades Turkey’s outlook to ‘positive’ on rising forex reserves, reform push

Fitch affirmed Turkey’s long-term foreign-currency issuer default rating at ‘BB-’, marking its first positive action on the ...
Nasdaq

Turkey inflation hotter than expected at 67% in February

ISTANBUL, March 4 (Reuters) - Turkey's annual inflation rate climbed to 67.07% in February, exceeding expectations and keeping up pressure for tight monetary policy amid strong rises in food, hotel ...