The cooling trend could reassure Turkey’s central bank, which held its key rate in May after hiking it in April.

Turkey’s consumer price index (CPI) inflation officially stood at 35.05% year on year in June versus 35.41% y/y in May and 44 ...

Turkey’s state energy company BOTAŞ has increased wholesale natural gas prices, with residential consumers facing an average ...

Turkey’s inflation continued its downward trend in June, with lower food costs helping to draw down the rate of rising prices. Consumer prices rose by just 1.4 percent for the month, taking annualised ...

The US appears to be now treading the familiar path that recently got emerging market economy of Turkey into economic trouble. The US is increasingly disregarding central bank independence, ...

Turkey’s government plans to skip a mid-year increase in the minimum wage, according to people with knowledge of the matter, ...

JPMorgan Chase & Co. and Morgan Stanley are advising clients to buy Turkish bonds and the lira, after the postponement of a court ruling on a key opposition figure offered a reprieve from political ...

Turkey’s central bank held its key policy rate at 46% yesterday (June 19), and kept the overnight lending and borrowing rates ...

Greece’s power grid operator on Thursday pushed back against mounting criticism over its demand that Cyprus cover part of the costs for the undersea electricity interconnection project linking Cyprus, ...

Wildfires are a global problem that requires a global solution. But as with other critical issues, capitalist governments are ...

The bank left its one-week repo rate at 46% as a means to counter volatile swings in the lira that followed the dramatic arrest and imprisonment of a prominent opposition politician, Istanbul Mayor ...

Turkey's high real rates contribute to the fight against inflation even as they harm economic growth, Omer Aras, executive at the business group TUSIAD which this year clashed with President ...