Economy

Turkish inflation slightly surged 1.06 percent in January from December after two months of slowdown, reaching an annual rate of 20.35 percent, driven by higher food prices.

Inflation in Turkey fell back last month after hitting a 15-year high in October, official statistics showed Monday, increasing the likelihood of an interest rate cut in the months ahead.

Inflation in Turkey surged to over 25 percent in October from the same period the year earlier, the highest annual rate for over 15 years, official statistics showed on Monday. 

Turkey may become one of the eight countries, along with China, India, Japan and South Korea, to obtain waivers on Iranian oil imports from the United States (U.S.), according to a Bloomberg…

Turkey's inflation rate rose to nearly 25 percent in September, as the economy suffers further from the Turkish lira's dramatic fall.

Turkey's official gazette has been shut down after being published for 98 years because of increasing paper prices, as the currency crisis continues to plague the country, the Sozcu daily…

President Recep Tayyip Erdogan on Thursday ordered by decree that property agreements must be made in Turkish lira, in a new bid to prop up the beleaguered currency.

Turkey's central bank on Thursday announced a surprizing hike on interest rates, in the face of soaring inflation and plunging lira, shortly after President Recep Tayyip Erdogan criticized…

The Fitch ratings agency on Tuesday downgraded its assessment of four Turkish banks due to increased risks after the lira's slump and higher chances of a "hard landing" for the Turkish…

The IMF urged Turkish authorities faced with a falling currency and surging inflation to pursue "sound" economic policies to stabilize the situation.