By Akin Nazli in Belgrade Turkey’s consumer price index (CPI) inflation officially stood at 39% y/y in February versus 42% in ...

Turkey's central bank will do "whatever needed" to reach its year-end inflation target of 24% including maintaining a "tight" ...

Why it matters: Turkey has seen some economic progress after recording its highest inflation ever at around 85.51% in October 2022. Going against economic orthodoxy, Turkish President Recep Tayyip ...

Turkey’s central bank has lowered its key interest rate by a further 2.5 percentage points days after official figures ...

Turkey lowered its benchmark one-week repo rate from 45% to 42.5% on Thursday. The decision came after official data showed annual inflation dipping below 40% for the first time in nearly two years.

Turkey has cut interest rates for a third consecutive month as a fall in annual inflation to the lowest level in almost two years bolstered policymakers’ case to bring down borrowing costs.

Turkey — Turkey’s central bank lowered its key interest rate by a further 2.5 percentage points on Thursday, days after official figures indicated a slowdown in inflation that has eroded ...

Turkey’s central bank lowered its key interest rate by a further 2.5 percentage points on Thursday, days after official figures indicated a slowdown in inflation that has eroded households ...