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

The cooling trend could reassure policymakers at the Turkish central bank, which held its key rate in May after hiking it in April. Annual inflation in June 2024 was at 71.6%, near recent highs. Write ...

Türkiye’s annual inflation rate eased to 35.05% in June, slipping slightly from May’s 35.41%, and coming in under market ...

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 ...

Prices of coffee and cocoa have also soared – buffeted by unpredictable weather. Read more at straitstimes.com. Read more at ...

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, ...

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 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 ...

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

Four people died in Spain, two in France and two in Italy as an early summer heat wave continues to grip much of Europe this ...

Central planning thwarts Iran’s economy. Many Iranian government officials blame their nation’s economic demise on Western ...