Treasury and Finance Minister Mehmet Simsek said on X that annual inflation had fallen to its lowest level in 44 months.

By Akin Nazli in Belgrade Turkey’s consumer price index (CPI) inflation officially stood at 34% y/y in July versus 35% y/y in ...

The continued easing in the speed of price rises means the inflation rate has for three months straight trended lower than at ...

Turkish annual consumer price inflation dipped more than expected to 33.52% in July, official data showed on Monday, ...

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.

Turkey’s annual inflation likely dropped below the central bank’s 50% key interest rate in September, in what would be the first time in three years that official borrowing costs are above ...

Inflation in Turkey soared to nearly 70% in April, official data showed Thursday, as skyrocketing prices eat away at earnings and put even basic necessities out of reach for many households. The ...

Turkey’s central bank has cut rates by 5 percentage points since September, to 14 percent, despite high inflation rates — before pausing them in January. The Turkish lira lost 44 percent of ...

Turkey's inflation hit a two-decade high near a whopping 50 percent in January, official data showed Thursday, as a currency crisis decimated people's purchasing power and complicated President ...