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Turkey’s annual inflation rate slipped to 15.01% in August
The Turkish Statistical Institute (TUIK) announced on Tuesday that the country’s inflation rate increased 0.86…
Istanbul Municipality increases taxi fare by 25 percent
The Istanbul Metropolitan Municipality has announced a significant price increase in the average taxi, school bus…
Flash Crash Hits Turkish lira, plummeting 15% in seconds
The Turkish lira fell more than one percent against the U.S. dollar on Monday and fell to as low as 6.38 to the…
Turkish lira weakens as Central Banks’ reserve ratio requirements revised
The Turkish lira yesterday lost 1.34 percent of its value against the US dollar and traded at 5.6579 in the…
Diesel and petrol prices rise in Turkey as lira weakens
The Employers Union of Energy Petroleum Gas Supply Stations (EPGİS) has announced that the diesel price increased…
Turkish industrial production declines above estimates by 3.9 percent
A report by the Turkish Statistical Institutes’ (TUIK) from June shows that industrial production declined above…
More than 4 million unemployed in Turkey
More than one million people have joined the ranks of the unemployed in Turkey during the past year, with the total…
Turkish government interference in Central Bank independence: Chief…
Turkey’s ruling Justice and Development Party (AKP) continue to interfere with the independence of its central bank…
Turkey’s annual inflation rate shot to 16.65 in July
Turkey's consumer price index rose to 16.65 percent year-on-year in July with an increase of 0.93 percentage points…
Turkey’s new tourism levy shakes industry
Hotels and travel agencies are suffering as a result of a new 0,75 percent levy which Turkey’s newly founded…