By Akin Nazli in Belgrade Turkey’s consumer price index (CPI) inflation officially stood at 35.41% y/y in May versus 37.86% y/y in April and 44% y/y at end-2024, the Turkish Statistical Institute ...

By Akin Nazli in Belgrade Turkey’s official gross domestic product (GDP) expanded by 2.0% y/y in 1Q25 after growing 3.0% y/y in 4Q24, the Turkish Statistical Institute (TUIK, or TurkStat), said ...

Turkey's economy grew 3.0% year-on-year in the fourth quarter of 2024, bringing full-year growth to 3.2%, official data showed on Friday, exceeding forecasts despite the weight of high interest rates.

Turkey’s economy sank into a recession over the summer, with economic activity squeezed by high interest rates as the country’s central bank sought to tame inflation. Gross domestic product ...

The potential economic effects of the earthquake in Turkey could result in a loss of up to 1% of the country's gross domestic product this year, the European Bank for Reconstruction and ...