Turkey is planning modest tax increases on key goods and services, including motor fuel, in 2026, the latest step in the ...
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 ...
ISTANBUL (Reuters) -Turkish annual inflation dipped a bit more than expected to 35.41% in May, official data showed on Tuesday, less than half the level that it reached a year earlier as tight ...
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Why Turkey's economy may be running out of time
Turkey's long boom was built on cheap money, construction and confidence that the state could keep the lira roughly stable ...
ISTANBUL (Reuters) -Turkey's monthly inflation rate is expected to be 2.83% in October, driven by hikes in clothing and food prices, while the year-end annual inflation forecast rose to 32%, a Reuters ...
Turkey increased the minimum wage by 27% for next year, broadly in line with inflation forecasts, in a sign policymakers ...
Turkey's parliament approved a law on Wednesday to drop a requirement for companies to produce inflation-adjusted accounts ...
Americans are struggling to cope with interest rates around 5%, but in Turkey, consumers are facing borrowing costs 10 times as high. Turkey’s central bank shocked investors by hiking interest rates ...
A teller counts US dollar bills at an exchange office in Ankara, Turkey, July 20, 2023. — ADEM ALTAN/AFP via Getty Images ANKARA — Turkey's annual consumer inflation rate exceeded 75% in May, the ...
(Bloomberg) -- Turkey’s move to cut public spending in a bid to curb rampant inflation was largely shrugged off by investors, with questions raised over how much would actually be saved. Treasury and ...
ISTANBUL, March 4 (Reuters) - Turkey's annual inflation rate climbed to 67.07% in February, exceeding expectations and keeping up pressure for tight monetary policy amid strong rises in food, hotel ...
Turkey's traditional "simit" bagels, sold in every corner of Istanbul, have become the key symbol for price increases in a ...
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