energy prices
- Business
Central Bank drew attention to prices of basic goods and energy in January Price Developments Report
The Central Bank of the Republic of Turkiye (CBRT) reported that while annual inflation increased in core goods and energy…
Read More » - Business
Turkiye: Chemical industry eyes $35 billion in exports
Türkiye’s chemical industry aims to increase its export revenues by around 15 percent this year compared with 2023 to $35…
Read More » - Business
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…
Read More » - Business
UNCTAD revises up Turkiye’s 2023 growth forecast to 3.7% from 2.6%
Turkish economy retained strong domestic demand throughout 1st half of 2023 thanks to strong fiscal support, says organization The United…
Read More » - Business
Producer price index in Turkiye surges by around 15.3% in July
The producer price index (PPI), which measures changes in the price of goods and services from a producer perspective, rose…
Read More » - Business
The cost of the energy crisis to European countries is close to €800 billion
The amount of financial measures taken against the energy crisis in European countries amounted to approximately €800 billion. Brussels-based think…
Read More » - Business
US economy expands 2.6% in 3rd quarter
Fed’s preferred inflation indicator, core PCE price index, rises 4.5% in first reading The US economy grew 2.6% in the…
Read More » - Business
OECD raises its 2022 growth forecast for Turkiye
While the Organization for Economic Cooperation and Development kept its growth forecast for the global economy, which was announced as…
Read More » - Business
Energy import bill increased by 124% year-on-year in May
The amount paid by Turkiye for energy imports increased by 124% in May compared to the same month of the…
Read More » - Business
Turkish central bank to hold rates steady amid surge in energy prices
Turkey’s central bank is envisaged to keep its benchmark policy rate steady for the third straight month this week, a…
Read More »