inflation
- Turkiye
Euro hits all-time high against Turkish lira amid rising geopolitical tensions
The euro extended its upward trajectory against the Turkish lira on Thursday, with the exchange rate surpassing 45 for the…
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Turkiye’s Manufacturing Sector Contracts for 14th Month Amid Persistent Demand Weakness
Türkiye’s manufacturing sector saw a mild contraction in May as weak demand continued to weigh on output, employment and purchasing…
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Turkiye’s Economy Grows 2% in Q1 as Industry and Manufacturing Contract, Consumption Slows
The Turkish economy has grown by 2 percent year-on-year in the first quarter of this year, the Turkish Statistical Institute…
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JP Morgan Downgrades Turkiye Stock Market to Neutral Amid Inflation and Currency Risks
Investment giant JP Morgan downgraded the weight of the Turkish stock market from an “overweight” level to “neutral.” In the…
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Turkish Benchmark TLREF Falls Sharply as Central Bank Boosts Liquidity
The Turkish lira overnight reference rate (TLREF), a key benchmark for short-term funding in Türkiye’s financial markets, declined sharply this…
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Turkiye’s Household Inflation Expectations Rise to 59.9% Despite Improved Forecasts from Real Sector and Markets
Inflation expectations for the next 12 months have risen to 59.9% among Turkish households, even as forecasts from market participants…
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Investor sentiment rises in Turkiye as long-term outlook improves: Finance Minister
Türkiye’s Treasury and Finance Minister Mehmet Simsek stated Tuesday that recent economic indicators show signs of stabilization, as foreign exchange…
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Turkiye’s Real Estate Market Sees Home Prices Rise but Drop in Real Terms Amid Inflation
The average home price was approximately 4.2 million Turkish Liras (around $108,00) in April, rising 24 percent annually and 1…
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Cost of Living in Istanbul Soars to $2,320 for Families as Inflation Keeps Urban Budgets Under Strain
The Istanbul Planning Agency (IPA) has calculated the average monthly cost of living for a family of four in Türkiye’s…
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EBRD Cuts Turkiye’s 2025 Growth Forecast to 2.8% Amid Weaker Demand and Tight Monetary Policy
The European Bank for Reconstruction and Development (EBRD) expects Türkiye’s economy to grow by 2.8 percent in 2025, downgraded from…
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