Turkish Inflation Eases as Central Bank Prepares to Meet
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8 Articles
Türkiye’s annual inflation eased to 32.95 percent in August
Türkiye’s annual inflation eased to 32.95 percent in August, marking the fifteenth consecutive month of decrease, official data showed Wednesday. On a monthly basis, consumer prices rose 2.04 percent, while producer prices increased 2.48 percent, according to data released by the Turkish Statistical Institute. Turkish Vice President Cevdet Yilmaz attributed the slightly higher-than-expected annual inflation to agricultural factors, noting on soc…
Turkish inflation eases as central bank prepares to meet
Prices rise less quickly in August Pressure remains as food, housing costs spike Central bank meets on September 11 Inflation in Turkey maintained its recent downtrend last month, potentially strengthening the central bank’s hand for a further reduction in interest rates at its September 11 policy meeting, though some price pressures remain. Consumer prices rose 32.95 percent in the year to August, down from 33.52 percent in the 12 months throu…
Treasury and Finance Minister Mehmet Şimşek expressed his satisfaction with the data announced by TÜİK via his X (Twitter) account.
The Turkish economy has been in a slump for years, and is coming back up mercilessly slowly. In Turkey, consumer price inflation slowed less than expected in August on an annual basis, but still ... ...
The Turkish Statistical Institute (TurkStat) has released the latest inflation data. According to TurkStat data, annual inflation was 2.04% on a monthly basis in August, falling to 32.95% on an annual basis.
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