Turkey’s central bank held borrowing costs on Thursday and flagged that it could tighten interest rates should inflation rise further as war in the Middle East drives up energy prices.
ISTANBUL, Jan 28 (Reuters) - Turkey's monthly inflation rate is expected to rise sharply to 4.32% in January, driven by the annual hike in the minimum wage and various new year price adjustments, ...
S&P Global hiked its Turkish inflation forecast to nearly 29% ‌for this year mostly due to surging energy prices, underlining ...
S&P Global increased its inflation forecast for Turkey to an average of 28.9% for 2026, up from a previous estimate of 23.4%, ...
Turkish Finance Minister Mehmet Simsek said an oil-price shock triggered by the war in Iran risks temporarily derailing the ...
Annual inflation recorded another strong increase in September due to a broad-based deterioration in price dynamics while the rise in energy prices and continuing pressure in services is attracting ...
Turkey’s annual price growth accelerated in February, complicating the central bank’s disinflation efforts that’s already been threatened by the spike in energy costs due to the Iran war. Annual ...
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 ...
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 ...