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.
Turkey's Central Bank overhauled its inflation forecast for 2018 and expects more than 13 percent inflation, adding uncertainty and pressure on a struggling lira.
Turkey's Deputy Prime Minister Mehmet Simsek, responsible for economic affairs, said on Friday that the inflation may peak in upcoming months and vowed to adopt a mixed policy approach to…
The high inflation remains to be a headache for Turkish authorities in Ankara despite a slight ease in December, a decline from record-high to 12 percent.
Inflation in Turkey eased…
Turkish economy saw a stunning, eye-catching 11 percent growth in the third quarter of this year, surpassing even the most optimist forecasts.
For President Recep Tayyip Erdogan, it was…
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Path of Reza Zarrab, the key architect of the plot in the U.S., was crossed with CIA in Dubai in 2015 and in Istanbul in 2016. U.S.…
The inflation rates have reached record highs of the past nine years, placing an additional burden on a flagging and struggling economy strained by high unemployment and weak lira against…