Turkey’s central bank cut its key lending rate by a higher-than-expected 250 basis points to 47.5 percent on December 26, ...
Rates need to fall more before Turkish savers shift to stocks again, and 47% annual inflation doesn’t exactly signal a stable ...
Turkish inflation in December likely eased less than the central bank projected, just as policymakers have started to set the ...
Turkey won’t undermine next year’s inflation forecast when increasing taxes on fuel and tobacco, Treasury and Finance ...
One-third of Turkey's children live in poverty, with many forced to work to support their struggling families.
Turkey's central bank cut its key interest rate by 250 basis points to 47.5% on Thursday, a bit more than expected, launching ...
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in ...
Turkey's annual inflation rate slowed for the seventh consecutive month in December, official figures showed on Friday.
Rising rental costs underscore the inadequacies of the new minimum wage, especially since 42 percent of Turks earn just the ...
December's figure is below the market expectation of 45.21%, also down from November's 47.09%, Anadolu Agency reported, ...
Turkey imposed a 6% tax hike on fuel on Tuesday, after its finance minister said over the weekend that tax moves on fuel and ...
Demand within the country was slowing, helping to reduce inflation, it said. Inflation in Turkey surged in recent years due to declining foreign reserves and President Recep Tayyip Erdoğan’s ...