Turkey's economy expanded 2.0% in the first quarter of the year, below expectations, official data showed on Friday.

Turkey's economy is expected to have grown by 2.3% in the first quarter and by 3% for 2025 as a whole, lower than government ...

ISTANBUL - Turkey's economy grew 3.0% year-on-year in the fourth quarter ... reflecting the effect of a series of sharp interest rate hikes that started in mid-2023. The central bank raised its ...

ISTANBUL — Turkey’s central bank raised its key interest rate by 3.5 percentage points on Thursday, halting a three‑month easing streak as it confronts stubborn inflation, financial ...

lead economist for Turkey at the European Bank for Reconstruction and Development (EBRD). “However, challenges have appeared along the way.” The EBRD expects Turkey to post a GDP gain for 2024 of 2.7% ...