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inflation rate

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İstanbul’s inflation rate hits 19-year high of 51 percent

Retail prices in Turkey’s largest city and commercial hub of İstanbul were 13.78 percent month-on-month in January, for an annual rate of 50.91 percent,...
Business

Turkey’s inflation rate eases to 8.55 pct in October

Turkey saw a drop to 8.55 percent in the inflation rate in October year-on-year, official figures showed on Monday, the state-run Anadolu news agency reported. Inflation rate...
Business

Turkey’s inflation falls to lowest level in nearly 3 years

Turkey’s headline inflation rate fell to 9.26 percent in September, the lowest level in nearly three years, according to the Turkish Statistics Institute (TurkStat). “We have made...
Business

Turkey’s inflation approaches 16 percent in July, highest in 14 years

Turkey’s July inflation hit its highest point in more than 14 years on Friday, reaching nearly 16 percent on an annual basis as food...
Business

Turkish stocks fall as banks put on Rating Watch Negative by Fitch

The Turkish stock exchange’s 100 Index and the lira closed the week in poor condition after a promising but brief recovery in advance of...
Business

Turkey’s annualized inflation at 7.28 percent in September

Official figures from the Turkish Statistics Institute (TurkStat) show that the annualized rate of inflation in Turkey dropped to 7.28 percent in September from...

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