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Central bank increases Turkey’s 2021 inflation forecast as lira weakens

Turkey’s central bank raised its inflation projections for the end of this year with the lira trading just shy of record lows after rate-cut...
National

Famous Turkish actress summoned by prosecutor due to comment about high price of cherries

Renowned Turkish actress Berna Laçin has been summoned by a prosecutor to testify due to remarks on social media complaining about the high price...
Business

Turkish inflation rises to 19.6 percent after surprise rate cut

Turkey's annual inflation rose to 19.58 percent in September, its highest in two-and-a-half years, data showed on Monday, pushing real yields further into negative...
Business

Turkish lira tumbles over central banker’s comments

The Turkish lira took one of its biggest tumbles of the year on Wednesday over speculation that the central bank was about to cut...
Business

Turkish July inflation climbs to near policy rate level of 19 percent

Turkish annual inflation hit a fresh two-year high of 18.95 percent in July, official data showed on Tuesday, above a poll forecast of 18.5...
Business

Turkish central bank keeps rates steady, warns of volatile summer inflation

Turkey's central bank said on Wednesday that inflation could be volatile through the summer due to the easing of coronavirus measures as it kept...
Business

Turkish inflation hits 2-year high with surprise jump to 17.5 percent: report

Turkish annual inflation jumped to a two-year high of 17.53 percent in June, exceeding a forecast of 17 percent and continuing an extended rise...
Headline

Turkey’s income distribution gap largest in 11 years: TurkStat

The Turkish Statistical Institute (TurkStat) revealed in a report issued on Tuesday that the indicator for inequality of income distribution in Turkey is the worst...
Business

Turkey’s economy grew by 7 percent in first quarter of 2021

Turkey's economy grew a more-than-expected 7 percent year-on-year in the first quarter, official data showed on Monday as pandemic restrictions did not temper hot...
Business

TurkStat files complaint against research group, alleges tweaking of inflation figures

The Turkish Statistical Institute (TurkStat) has filed a criminal complaint against the independent Inflation Research Group (ENAG) on accusations of manipulating the country’s inflation...
Headline

Suicides increase in Turkey amid pandemic and economic downturn

A total of 129 people died by suicide in Turkey in April, eight of whom were minors, according to research by the main opposition...
Business

Turkey’s inflation at two-year high above 17 percent after lira slide

Turkish annual inflation climbed to 17.14 percent in April to its highest level in nearly two years, data showed on Monday, driven by a...
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