Turkey, inflation
Turkey’s inflation drops to 49.4% in September, but rate cuts could be delayed
Turkey’s annual inflation rate slowed to 49.4% in September 2024, down from 52% in August, according to data released by TurkStat. This marked a significant decrease but was still higher than economists’ expectations,
Turkey Inflation Expected to Fall Below Policy Rate in Sept, First Time Since 2021 Reuters Poll
ISTANBUL (Reuters) - Turkey's annual inflation is expected to continue its decline in September and fall below the central bank's policy rate for the first time since 2021, a Reuters poll showed on Monday.
Turkey’s Inflation-Adjusted Rates to Turn Positive in Milestone
Turkey’s annual inflation likely dropped below the central bank’s 50% key interest rate in September, in what would be the first time in three years that official borrowing costs are above zero when adjusted for prices.
Higher-than-Expected September Inflation Delays Turkey’s Anticipated Interest Rate Cuts
Turkeys annual inflation rate dropped to 49.38% in September, but a higher-than-expected monthly increase of nearly 3% has dampened expectations for early interest rate cuts. Analysts now predict the central bank may
Resilient Turkish inflation tempers rate cut expectations
Turkey's annual inflation fell to 49.38% in September whereas the monthly rate was much higher than expected at nearly 3%, prompting a note of caution from the central bank and setting the stage for later than expected interest rate cuts.
Turkey’s inflation exceeds expectations in September
Inflation in Turkey rose higher than anticipated in September, with the Turkish Statistical Institute (TurkStat) reporting a 2.97% increase compared to the previous month, and 49.38% compared to the same month last year. Economists surveyed by the state-run Anadolu Agency (AA) had predicted a 2.09% rise.
Turkish inflation falls less than expected in September at 49.4%
Turkish annual inflation slowed less than expected in September to 49.4 percent, official data showed Thursday, a figure which analysts said could disappoint central bank officials after a series of
Turkey inflation expected to fall below policy rate in Sept, first time since 2021
Turkey's annual inflation is expected to continue its decline in September and fall below the central bank's policy rate for the first time since 2021, a Reuters poll showed on Monday.
Intellinews on MSN3d
Official inflation in Turkey falls below policy rate for first time since July 2021
By Akin Nazli in Belgrade Turkey’s consumer price index (CPI) inflation officially stood at 49% y/y in September versus 52% y ...
Turkey Anti-inflation Steps Don't Go Far Enough, Experts Warn
Although Turkish inflation slowed in September, it is still raging out of control with the government avoiding difficult decisions that could help tackle it, experts told AFP.
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Turkey's high inflation erodes alimony payments, leaving women in financial hardship
Nearly half of the court-ordered alimony payments are not made, and the  the payments that are made remain insufficient for ...
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Services remain a key risk to disinflation in Turkey
Turkey's underlying inflation trend is proving sticky - and it's mostly down to persistent pressure from services ...
Turkey Inflation Eases To 49.38%, Lowest 14 Months
Turkey's consumer price inflation eased for the fourth straight month in September to the lowest level over a year amid a slowdown in ...
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Hard Numbers: Turkey’s inflation falls, South Korea bans deepfake porn, Moonshine poisons dozens in Iran, Mexican troops kill migrants
The annual inflation rate in Turkey fell below 50% for the first time in a year this week, with prices rising by a mere 49% ...