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Turkey's disinflation process is continuing in a determined manner that will bring inflation into single digits in two years, ...
The continued easing in the speed of price rises means the inflation rate has for three months straight trended lower than at ...
We now expect the CBT to cut by 300bp at the upcoming MPC meeting in September, followed by two more 250bp cuts to 35.0% by end-25. Tight monetary policy, weak external demand and ongoing fiscal ...
Treasury and Finance Minister Mehmet Simsek said on X that annual inflation had fallen to its lowest level in 44 months.
After hitting a peak of 85% in October 2022, year-over-year inflation in Turkey fell sharply to just under 40% by the middle of 2023—but since then it’s come back with a vengeance.
“We expect Turkey’s central bank to lift its 2023 and 2024 year-end inflation forecasts by around ten percentage points in its final quarterly-inflation report of the year — to be released ...
Turkey's annual inflation rate in February was 67%. That's up from January, but down from its high of more than 85% in 2022. So what comes next for Turkey? Here's Jared again.
ISTANBUL (Reuters) - Turkey's annual inflation is expected to continue its decline in September and fall below the central bank's policy rate for the first time since 2021, a Reuters poll showed ...
Annual inflation continues to ease in Turkey, clearing the way for the country's central bank to keep cutting interest rates.
Inflation in Türkiye dropped more than expected in July to reach the lowest level in almost four years, according to data on ...