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A service for political professionals · Friday, February 7, 2025 · 783,990,351 Articles · 3+ Million Readers
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Turkey Inflation News Monitoring

  • Published on 09:21 GMT

    Turkiye raises year-end inflation forecast

    ISTANBUL: Turkiye central bank on Friday increased its year-end inflation forecast to 24 percent from 21 percent. Turkey has experienced double-digit inflation since 2019, making life increasingly expensive for millions of people, notably hitting the cost …

    Source: Business Recorder - Neutral
  • Published on 13:05 GMT

    Koper-Divača project company denies Turkish partner pull-out

    The 27-kilometre railway, known as the second track, is being built by the Slovenian company Kolektor CPG and its Turkish partners Yapi Merkezi and Özaltin. The EUR 1.1 billion project was originally supposed to be completed by the end of the year, but …

    Source: STA - Neutral
  • Published on 09:35 GMT

    Central Bank raises inflation forecast for 2025 to 24 percent

    ANKARA The Central Bank has lifted its annual consumer inflation forecast for 2025 from the previous 21 percent to 24 percent, as Governor Fatih Karahan has vowed to do “whatever it takes to bring inflation down.” The forecast for 2026 was kept unchanged …

    Source: Hurriyet Daily News - Pro-Government
  • Published on Feb 2, 2025

    Tourism in Turkey beats expectations - 62 million arrivals, $61 billion in revenue in 2024

    Turkey's ambitious target of 60 million tourists and 60 billion euros in tourism revenue in 2024 was not only achieved but also exceeded. According to data from the country's Statistical Institute (TÜİK), Turkey welcomed over 62 million visitors, …

    Source: Tornos News - Label Pending
  • Published on Feb 5, 2025

    'Reducing inflation is our top priority,' says Şimşek

    ISTANBUL Turkish Treasury and Finance Minister Mehmet Şimşek acknowledged market skepticism while emphasizing the government's commitment to tackling inflation. "Our first priority is to reduce inflation," Şimşek stated. "Inflation will …

    Source: Hurriyet Daily News - Pro-Government
  • Published on Feb 5, 2025

    Turkey's official headline inflation slows to 42% y/y in January

    Turkey’s consumer price index (CPI) inflation officially stood at 42% y/y in January versus 44% y/y at end-2024, the Turkish Statistical Institute (TUIK, or TurkStat) said on February 3 (chart). TUIK’s inflation series peaked at 75.45% in May last …

    Source: BNE Intellinews - Neutral
  • Published on Feb 5, 2025

    “Disappointing” PMI data shows solid scaleback of Turkish manufacturing in January

    Though Turkish manufacturing neared stabilisation in the final month of 2024, production scaled back solidly in January as demand conditions remained subdued, the latest Istanbul Chamber of Industry Türkiye Manufacturing Purchasing Managers’ Index (PMI) …

    Source: BNE Intellinews - Neutral
  • Published on Feb 2, 2025

    Russia tried to create an offshore dollar reserve in Turkey. The US froze $2 billion

    Russia transferred over $5 billion to Turkey through American banks, allegedly to finance the construction of the Akkuyu nuclear power plant. However, the United States believes that the Kremlin is trying to create an offshore reserve to finance its …

    Source: Babel - Neutral
  • Published on Feb 5, 2025

    Turkish stock market declines on global pressure

    (MENAFN) Stock markets in Türkiye experienced a significant decline on Monday as the BIST 100 index closed at 9,774.40 points, marking a drop of 2.30 percent from the previous day's closing figure. The index lost 229.98 points during the day, …

    Source: MENAFN - Uncategorized
  • Published on Feb 3, 2025

    Turkish inflation slows to 42.1pc in January

    ISTANBUL: Annual inflation slowed in Turkey in January for the eighth consecutive month, official figures showed on Monday. Consumer prices rose by 42.1 per cent year-on-year, compared with 44.3 per cent a month earlier, figures from Turkey’s TUIK …

    Source: The News International - Uncategorized
  • Published on Feb 3, 2025

    Turkey inflation falls for eighth month in a row as food prices dip

    Falling housing and electricity prices also contributed to January's slowing inflation rate, as did a drop in recreation and culture prices. Inflation in Turkey dropped for the eighth month in a row in January, taking it to its lowest figure since June …

    Source: Euronews - Neutral
  • Published on Feb 6, 2025

    Roblox fans gaming industry gloom with weak forecast, shares tank

    Roblox forecast annual bookings below market estimates on Thursday, sparking fears growth at the videogame platform was slowing after years of breakneck progress, sending its shares down 26 per cent in premarket trading. The company said it expects …

    Source: Channel News Asia - Pro-Government
  • Published on Feb 3, 2025

    Battling cost of living crisis, Turkey shows signs of respite as annual inflation eases to 42%

    Annual inflation slowed in Turkey in January for the eighth consecutive month, official figures showed Monday. Consumer prices rose by 42.1 percent year-on-year, compared with 44.3 percent a month earlier, figures from Turkey’s TUIK statistics institute …

    Source: Firstpost - Center-right
  • Published on Feb 3, 2025

    Turkish monthly inflation exceeds 5 per cent after price adjustments

    Turkey’s monthly inflation rate climbed more than expected to 5.03 per cent in January due to a minimum wage hike and several new-year price updates, while annual inflation fell to 42.12 per cent, data showed on Monday. The monthly rise in the consumer …

    Source: Cyprus Mail - Uncategorized
  • Published on Feb 3, 2025

    Turkish annual inflation falls to 42.12% in January

    ANKARA (Reuters) – Turkish annual consumer price inflation fell to 42.12% in January, official data showed on Monday, with education, health, housing and restaurant prices leading the rise in the index. Month-on-month, inflation was 5.03%, according to the …

    Source: WTVB - Michigan - Label Pending
  • Published on Feb 3, 2025

    Turkish currency weakens further, USD nears 36 lira

    2025-02-03T15:50:58+00:00 font Enable Reading Mode A- A A+ Shafaq News/ The Turkish lira hit a historic low against the US dollar on Monday, surpassing 36 lira per dollar for the first time. According to market data, the US dollar rose by 0.83%, …

    Source: Shafaq News - Uncategorized
  • Published on Feb 3, 2025

    Turkey announces annual inflation rate as 42 pct

    Duvar English Turkey's annual consumer price index decreased to 42.12 percent in January, according to official data released by the Turkish Statistical Institute (TUİK) on Feb. 3. Inflation stood at 5.03 percent compared to the previous month, and 56. …

    Source: Duvar - Left-wing
  • Published on Feb 3, 2025

    Turkey's inflation surpasses expectations in January

    Turkey's consumer price index rose by 5.03% in January, surpassing market expectations of 4.29%, according to the Turkish Statistical Institute (TurkStat). On an annual basis, inflation reached 42.12%, exerting pressure on household incomes, …

    Source: Bianet - Left-wing
  • Published on Feb 3, 2025

    Turkish Inflation Eases Further To 42.12%, Lowest In 19 Months

    Turkey's consumer price inflation moderated for the eighth successive month in January to the lowest level in just over one-and-a-half years, figures from the Turkish Statistical Institute showed on Monday. The consumer price index rose 42.12 percent …

    Source: RTTNews - Neutral

03 days 13:15:52

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