inflation
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Money
Turkey’s de-dollarization to accelerate in coming weeks: Minister
Turkish Finance Minister Nureddin Nebati said on Saturday that de-dollarization will accelerate in the coming weeks. Speaking to heads of…
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Money
IMF warns emerging economies against following Fed moves
US Federal Reserve interest rate decisions may raise borrowing costs quickly, says IMF The IMF is warning emerging economies against…
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Business
Turkey’s annual inflation tops 36% in December
Turkey’s annual inflation in December accelerated to its highest level in 19 years, official data showed on Monday. Consumer prices…
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Business
Turkey mulls new lira-based financial products against inflation
Turkey is considering a range of new financial products that would offer guarantees against inflation losses, according to a senior…
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Business
Turkey hikes electricity, gas prices for 2022
Turkey raised electricity prices by 50%-100% for households and companies on Saturday, and again increased monthly natural gas bills. The…
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Local Turkey
2021: Year of records and challenges for Turkish economy
From record-breaking exports, stocks to inflation, currency crunch, 2021 was a year of highs and lows for Turkish economy It…
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Business
Turkish Central Bank maintains inflation target at 5%
Bank commits to continue to implement floating exchange rate regime and strengthen foreign exchange reserves Releasing Monetary and Exchange Rate…
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Business
Retailers in Turkey start lowering prices after lira rebound
Retailers in Turkey have started to lower the prices of certain goods after being urged to do so following a…
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Business
Inflation year 2021 sees US, Europe failing to cope with rising prices, central banks late to act
People returning to pre-COVID consumption behaviors drastically raised demand amid sluggish supply side reaction with bottlenecks As it draws to…
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Business
Cost of Christmas dinner in US up over 15% with record inflation
Fertilizer prices are major concern for American farmers, which are up as much as 300% in some parts of country…
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