Turkey Strong-Armed Inflation. Stocks Feel the Pain.
Rates need to fall more before Turkish savers shift to stocks again, and 47% annual inflation doesn’t exactly signal a stable ...
Turkey Inflation Likely Missed Central Bank Target For End-2024
Turkish inflation in December likely eased less than the central bank projected, just as policymakers have started to set the ...
The Associated Press on MSN13d
Turkey's soaring costs are creating a 'lost generation' of kids forced to help their families get by
One-third of Turkey's children live in poverty, with many forced to work to support their struggling families.
Turkish Inflation Slows To 44.3 Percent In December
Turkey's annual inflation rate slowed for the seventh consecutive month in December, official figures showed on Friday.
Turkey’s Simsek Vows to Heed Inflation Target With Tax Increases
Turkey won’t undermine next year’s inflation forecast when increasing taxes on fuel and tobacco, Treasury and Finance ...
Turkey begins cutting rates after inflation-fighting drive
Turkey's central bank cut its key interest rate by 250 basis points to 47.5% on Thursday, a bit more than expected, launching ...
Middle East Eye11d
'Condemned to hunger': Turkey's below-inflation minimum wage rise sparks anger
Rising rental costs underscore the inadequacies of the new minimum wage, especially since 42 percent of Turks earn just the ...
manilastandard4d
Turkish inflation slowed to 44.3% in December
ISTANBUL—Turkey’s annual inflation rate slowed for the seventh consecutive month in December, official figures showed Friday. Consumer prices rose by 44.3 ...
Turkey hikes fuel tax by 6%, aims to control inflation
Turkey imposed a 6% tax hike on fuel on Tuesday, after its finance minister said over the weekend that tax moves on fuel and ...
The Associated Press - Business News on MSN12d
Turkey’s central bank lowers key interest rate to 47.5%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in ...
Zawya4d
Turkey's annual inflation drops to 44.38% in December
December's figure is below the market expectation of 45.21%, also down from November's 47.09%, Anadolu Agency reported, ...