In November 2024, the inflation rate in Turkey corresponded to 47.1 percent. The monthly inflation rate in Turkey reached 85.51 percent in October 2022, the highest inflation rate recorded during the provided time interval. In June 2023, the year-on-year change in the Consumer Price Index (CPI...
Turkey's annual inflation rate jumped to a 24-year high of 78.62 percent in June, driven by soaring commodity prices, a slide in the lira, and the impact of the Ukraine crisis. CGTN correspondent Michal Bardavid talked to citizens.
The Consumer Price Index in Turkey increased 1.03 percent in December of 2024 over the previous month. This page provides the latest reported value for - Turkey Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and
In a Reuters poll, the consumer price index inflation rate was expected to slow to 46.6% on an annual basis, while the monthly figure was seen at 1.91%, mainly due to food and medicine prices. Although above expectations, annual inflation in November was at its lowest l...
In a Reuters poll, annual inflation was forecast to fall to 52.2% in August. Month-on-month, it was seen at 2.64%. The poll forecast annual inflation of 42.95% at end-2024. The unit price of natural gas for residential use was raised by 38% in August, the first hike in ...
2024-12-26 Turkey Holds Rate at 50% as Expected The Central Bank of Turkey left its benchmark one-week repo auction rate unchanged at 50% for the eighth consecutive decision in its November 2024 meeting, as expected by markets, to hold the borrowing at their highest level since 2002. The...
Turkey's central bank slashed its benchmark rate by 250 basis points for the second straight meeting on Thursday as inflation slowed more sharply towards the end of 2024. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, or CBRT, headed by Yasar Fatih Karahan decid...
(I:TIRNM) Chart data for Turkey Inflation Rate from 1997 to 2024. Visually compare against similar indicators, plot min/max/average, compute correlations.
2023 local time, the inflation rate in Turkey reached 61.36% in October. The Central Bank of Turkey has also raised its inflation forecast for this year from 58% to 65%, and for 2024 from 33% to 36%. Currently, Turkey is one of the countries with the highest inflation rates in the ...
October 3 2024 Turkish economy Turkish inflation falls below 50% in boon to Erdoğan Slowest price growth in over a year comes after painful rate rises September 26 2024 Turkish economy Turkey raises $3.5bn in record international bond sale ...