Turkish annual consumer price inflation dipped more than expected to 33.52% in July, official data showed on Monday, ...

In July, emerging market central banks enacted significant rate cuts totaling 625 basis points, the largest since 2022, ...

Turkey is on the verge of ending a scheme protecting deposits from currency depreciation that is estimated to have cost $60 billion, another step to abandon unorthodox economic policies that triggered ...

By Akin Nazli in Belgrade Turkey’s consumer price index (CPI) inflation officially stood at 34% y/y in July versus 35% y/y in ...

Emerging market central banks implemented their largest rate-cutting push in years in July, while their developed market ...

The continued easing in the speed of price rises means the inflation rate has for three months straight trended lower than at ...

We now expect the CBT to cut by 300bp at the upcoming MPC meeting in September, followed by two more 250bp cuts to 35.0% by ...

Treasury and Finance Minister Mehmet Simsek said on X that annual inflation had fallen to its lowest level in 44 months.

Turkey's minister said he expected inflation to remain within the range of the central bank's year-end forecast of 19% to 29%, and that it would fall below 20% next year, and to single digits in 2027 ...

Annual inflation continues to ease in Turkey, clearing the way for the country's central bank to keep cutting interest rates.