Inflation in Turkey dropped for the eighth month in a row in January, taking it to its lowest figure since June 2023 and indicating the country is gaining a slightly better grip on the on the problem.

In Turkey, the cost of living, the efforts of the ruling class to suppress wages and the attacks on social rights, including privatisation, are forcing the working class to fight.

Turkish inflation eased again at the start of the ... easing from 44% in December, figures from Turkey’s statistics authority showed Monday. That was a little higher than expected, according ...

Turkey’s central bank raised its year-end inflation forecast to 24 per cent on Friday from 21 per cent previously and Governor Fatih Karahan said the bank is “not on autopilot mode” after ...

ISTANBUL - Governor Fatih Karahan said on Friday that Turkey's central bank is "not on autopilot" after two straight rate cuts, stressing that decisions are based on data as the bank raised its ...

Turkey's consumer price index rose by 5.03% in January, surpassing market expectations of 4.29%, according to the Turkish Statistical Institute (TurkStat). On an annual basis, inflation reached 42.12% ...

It was following the cabinet meeting on January 6, 2025, that Turkey's 70-year-old President ... per household to survive for a month, and that is if inflation and price hikes remain at their current ...

On Friday, Turkey's central bank Governor Fatih Karahan ... This announcement comes as the bank revised its year-end inflation forecast upward to 24% from the previously projected 21%.

ISTANBUL (Reuters) - Turkey's central bank raised its year-end inflation forecast to 24% on Friday from 21% previously and Governor Fatih Karahan said the bank is "not on autopilot mode" after two ...

On Friday, Turkey's central bank Governor Fatih Karahan emphasized a data-driven approach to monetary policy, indicating that the bank is not operating on "autopilot" following two consecutive rate ...