inflation rate
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Turkiye: High costs interest rates hitting retailers
High costs and high interest are taking their toll on Türkiye’s retailers with the outlook in the industry in the…
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Housing Prices in Turkiye Continue Downward Trend for 8th Consecutive Month
The decline in housing sales prices in Turkiye continued for the 8th month. Prices across the country fell by 12.1%…
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Turkiye: Tax on fuel and alcoholic beverages hiked
The special consumption tax (STC) on fuel and alcoholic beverages has been increased by 25.6 percent. The SCT rate was…
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Turkiye raises monthly minimum wage by 49% for 2024
Turkiye’s monthly minimum wage will be 17,002 Turkish lira ($578.31) in 2024, Labour Minister Vedat Isikhan said on Wednesday, marking…
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Eurozone annual inflation confirmed at 2.4% in November
Consumer price index falls faster than initially expected with 0.6% month-on-month, 2nd reading shows Annual eurozone consumer inflation in November…
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Turkish market year-end inflation expectations lower: survey
Annual consumer price rise projected to hit 65.39% at end of 2023, according to Central Bank monthly survey of market…
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Turkiye: Inflation to drop to single digits in 2026
Türkiye’s annual inflation rate is expected to decline to single digits in 2026, Vice President Cevdet Yılmaz has said. The…
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Turkish Central Bank revises inflation forecasts for 2023, 2024
Year-end inflation rate expected at 65% this year, 36% next year, and 14% in 2025 Türkiye’s Central Bank on Thursday…
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Turkiye: Furniture companies to freeze prices until end 2023
Furniture companies have joined some large supermarket chains in heeding the call from Trade Minister Ömer Bolat to join efforts…
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