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

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 ...

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.

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 annual rate of inflation hit almost 80% in June — its highest level in about two decades. Consumer prices increased by 78.6% last month compared to June 2021, driven by the soaring ...

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 ...

Turkey's October Consumer Price Index showed annual inflation was up 85.5% from a year ago in October, driven largely by energy and food prices. The severe inflation has lasted for 17 straight months.

Annual inflation continues to ease in Turkey, clearing the way for the country's central bank to keep cutting interest rates.