EU holiday package prices rose 2.8% in June 2025, with Turkey leading tourism inflation at 35.6%, according to Eurostat data.

Turkey is on the verge of ending a scheme protecting deposits from currency depreciation that is estimated to have cost $60 billion, another step to abandon unorthodox economic policies that triggered ...

LONDON, Aug 8 (Reuters) - Emerging market central banks implemented their largest rate-cutting push in years in July, while their developed market counterparts held steady as uncertainty over U.S.

We now expect the CBT to cut by 300bp at the upcoming MPC meeting in September, followed by two more 250bp cuts to 35.0% by ...

Trump's secondary tariffs on Russia's oil buyers like China, India could disrupt global markets, spike oil to $120, and fuel ...

Donald Trump has long wanted to fire government officials producing politically inconvenient statistics. Now he’s doing it.

Treasury and Finance Minister Mehmet Simsek said on X that annual inflation had fallen to its lowest level in 44 months.

By Akin Nazli in Belgrade Turkey’s consumer price index (CPI) inflation officially stood at 34% y/y in July versus 35% y/y in ...

The Bank of England is expected to lower its key interest rate for a fifth time Thursday, sticking to a cautious removal of the restraints it has placed on the economy at a time when inflation remains ...

The continued easing in the speed of price rises means the inflation rate has for three months straight trended lower than at ...

Turkish annual consumer price inflation dipped more than expected to 33.52 per cent in July, official data showed on Monday, sustaining a downward trend despite strong rises in housing and education ...

Annual inflation continues to ease in Turkey, clearing the way for the country's central bank to keep cutting interest rates.