Turkey's annual inflation rate rose slightly in February to a huge 31.5%, up from 30.7% in January after several consecutive months of falling, official figures showed today.

February inflation in Turkey came in at 2.96% month-on-month, broadly in line with expectations, while annual inflation ticked up to 31.5% from 30.7%. Food remained the main source of price pressures, ...

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, ...

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 ...

Turkey‘s parliament approved a law on Wednesday to drop a requirement for companies to produce inflation-adjusted accounts for the 2025, 2026 and 2027 financial years. Countries sometimes employ ...

Turkey's central bank sold around $7-8 billion in forex on Monday, traders said, as it sought to stabilize financial markets in the face of regional war risks that could derail a rate-cutting cycle ...

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 ...

Turkey's central bank on Thursday increased its estimates for inflation as officials try to rein in soaring price increases that have weighed on the economy for years. The official inflation rate is ...

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.

Turkey's traditional "simit" bagels, sold in every corner of Istanbul, have become the key symbol for price increases in a country where, in less than five years, the price has jumped from 3 to 20 ...