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.
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 interest rate hikes.
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.
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
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
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.
Turkish inflation falls to 49.4% in September
Turkey's annual inflation rate fell further to 49.4 percent in September after reaching 52 percent in August, official data showed on Thursday. The figure, however, was higher than the 48.1 percent consumer price increase forecast by Turkish economists cited by local media.
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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