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TURKISH ANNUAL INFLATION
Turkey inflation dips to 35% in June, a bit below forecastTurkey's annual consumer price inflation eased slightly to 35.05% in June, according to official data, surpassing expectations. The monthly...- Indian boycott expected to aggravate further the dire economic situation of Turkish citizensTurkey faces economic headwinds due to an Indian boycott sparked by Ankara's support for Pakistan during a conflict. This boycott, coupled ...
- Turkish inflation exceeds 75% but peak in sightTurkish inflation jumped above 75 percent in May, official data showed Monday, but officials expect consumer prices to have finally peaked ...
- US Fed's preferred inflation gauge to back rate-cut holdThe measure is seen accelerating slightly to 2.6% on an annual basis as energy costs rise. The core metric, which strips out energy and foo...
- Turkey's central bank hikes interest rate to 50%Turkey's central bank hiked its key interest rate on Thursday, resuming its tightening cycle as one of the world's highest inflation rates ...
- Turkish President Erdogan visits Gulf Arab states, seeking funds for ailing economyTurkish President, Recep Tayyip Erdogan, began a three-stop tour of Persian Gulf states in Saudi Arabia in a bid to seek trade and investme...
- US dollar falls from five-week high as data, debt ceiling weighThe dollar retreated from its five-week high due to the poor manufacturing index in New York and consolidation of gains from last week, but...
- Cryptoverse: Digital coins lure inflation-weary Argentines and TurksOwnership of digital currencies in Turkey was the highest in the world at 27.1% followed by Argentina at 23.5% -- well above global crypto ...
- Cryptoverse: Digital coins lure inflation-weary Argentines and TurksTurkey and Argentina are the world's largest adopters of cryptocurrencies due to soaring prices and plummeting local currencies amid high i...
- Oil prices fall after U.S. crude release and inflation dataThe U.S. Department of Energy (DOE) said it would sell 26 million barrels of oil from the SPR, which is already at its lowest level since 1...
- Charting the global economy: 'Reglobalization' in the face of economic and geopolitical challengesA US-China trade war, a global pandemic, Brexit and Russia’s war in Ukraine have rattled the once-entrenched ways that the world’s largest ...
- Turkey's inflation dips to 84.39% for the first time after a span of 17 monthsThe domestic producer price index was up 0.74% month-on-month in November for an annual rise of 136.02%. Last month, the central bank wrapp...
- Turkish annual inflation seen above 85% in Oct, about 70% at year-endAnnual inflation is seen at 85.60% in October, according to the median estimate of 11 economists who participated in the Reuters poll, with...
- Turkey's inflation hits fresh 24-year high of 83% after rate cutsThe domestic producer price index was up 4.78% month-on-month in September for an annual rise of 151.50%. Month-on-month, consumer prices r...
- Turkey's annual inflation passes 80% after interest rate cutIndependent experts say inflation is much higher than official statistics. The Inflation Research Group put the annual rate at 181%. The ce...
- Data puts Turkey's annual inflation at 78.6 per cent, a 24-year highThe Turkish leader insists that high borrowing costs cause inflation - a position that contradicts established economic thinking - and advo...
- Turkey's inflation surges to 20-year high of 70% in AprilTurkey's annual inflation jumped to 69.97% in April, according to data on Thursday, above forecast and at a two-decade high, fuelled by the...
- Turkish inflation hits fresh record at 61.1 percentExacerbating a cost of living crisis, consumer prices accelerated to 61.14 percent at an annual rate, up from 54.4 percent in February, acc...
- Inflation in Turkey hits 20-year high of nearly 49%The Turkish Statistical Institute said the consumer price index increased by just over 11% in January from the previous month. The yearly i...
- Gold holds near 4-month low as rate-cut hopes dwindleUS gold futures were steady at $1,271.70 an ounce.
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