Turkey's central bank cuts rates to 45% as expected Turkey's central bank cut its key interest rate by 250 basis points to 45% as expected today, carrying on an easing cycle it launched last month alongside a decline in annual inflation that is seen continuing through the year end. Business • 23 Jan
Turkey's central bank cuts rates to 45% as expected Turkey's central bank cut its key interest rate by 250 basis points to 45% as expected today, carrying on an easing cycle it launched last month alongside a decline in annual inflation that is seen continuing through the year end. Business • 23 Jan
Nine held over Turkey ski resort fire which left 76 dead Turkey has detained nine people, including the owner of the hotel, in connection with a deadly fire that claimed the lives of 76 people and injured dozens at a ski resort in the west of the country, Interior Minister Ali Yerlikaya said. World • 22 Jan
Nine held over Turkey ski resort fire which left 76 dead Turkey has detained nine people, including the owner of the hotel, in connection with a deadly fire that claimed the lives of 76 people and injured dozens at a ski resort in the west of the country, Interior Minister Ali Yerlikaya said. World • 22 Jan
Death toll in Turkish ski resort fire jumps to 76 people The death toll from a fire that ripped through a hotel at a popular ski resort in northwestern Turkey rose to 76 people, according to the interior minister. World • 21 Jan
Death toll in Turkish ski resort fire jumps to 76 people The death toll from a fire that ripped through a hotel at a popular ski resort in northwestern Turkey rose to 76 people, according to the interior minister. World • 21 Jan
Turkish inflation slows to 44.3% in December Turkey's annual inflation rate slowed for the seventh consecutive month in December, official figures showed today. Business • 03 Jan
Turkish inflation slows to 44.3% in December Turkey's annual inflation rate slowed for the seventh consecutive month in December, official figures showed today. Business • 03 Jan
Turkish inflation slows to 47.1% in November Turkey's annual inflation rate slowed for the sixth month in a row in November, official data showed today, as the central bank has kept borrowing costs high to battle price rises. Business • 03 Dec 24
Turkish inflation slows to 47.1% in November Turkey's annual inflation rate slowed for the sixth month in a row in November, official data showed today, as the central bank has kept borrowing costs high to battle price rises. Business • 03 Dec 24
Turkey's central bank raises inflation forecast Turkey's central bank has today raised its inflation forecast for this year and the next, as consumer price increases have slowed less than expected in recent months despite higher interest rates. Business • 08 Nov 24
Turkey's central bank raises inflation forecast Turkey's central bank has today raised its inflation forecast for this year and the next, as consumer price increases have slowed less than expected in recent months despite higher interest rates. Business • 08 Nov 24
Turkish inflation higher than expected at 48.58% Turkish inflation remained higher than expected in October, dipping only to 48.58% annually and to 2.88% monthly according to data today, underscoring the central bank's difficult battle against years of soaring prices. Business • 04 Nov 24
Turkish inflation higher than expected at 48.58% Turkish inflation remained higher than expected in October, dipping only to 48.58% annually and to 2.88% monthly according to data today, underscoring the central bank's difficult battle against years of soaring prices. Business • 04 Nov 24
Kurdish PKK militants claim deadly Ankara attack Outlawed Kurdish PKK militants have claimed the attack on a Turkish defence firm that killed five, with officials saying the perpetrators infiltrated from Syria and carried out a shooting and suicide attack. World • 25 Oct 24
Kurdish PKK militants claim deadly Ankara attack Outlawed Kurdish PKK militants have claimed the attack on a Turkish defence firm that killed five, with officials saying the perpetrators infiltrated from Syria and carried out a shooting and suicide attack. World • 25 Oct 24
Turkey hits Kurds in Iraq and Syria after 'terror attack' Turkey said it launched strikes on Kurdish militants in Iraq and Syria after blaming them for an attack that killed five people at a defence firm near Ankara. World • 23 Oct 24
Turkey hits Kurds in Iraq and Syria after 'terror attack' Turkey said it launched strikes on Kurdish militants in Iraq and Syria after blaming them for an attack that killed five people at a defence firm near Ankara. World • 23 Oct 24
Turkish inflation falls less than expected to 49.4% Turkish annual inflation slowed less than expected in September to 49.4%, official data showed today, a figure which analysts said could disappoint central bank officials after a series of interest rate hikes. Business • 03 Oct 24
Turkish inflation falls less than expected to 49.4% Turkish annual inflation slowed less than expected in September to 49.4%, official data showed today, a figure which analysts said could disappoint central bank officials after a series of interest rate hikes. Business • 03 Oct 24
Turkey buries activist shot in West Bank Mourners have gathered in southwest Turkey for the funeral of a US-Turkish activist, who was shot dead while protesting Israeli settlements in the West Bank. Middle East • 14 Sep 24
Turkey buries activist shot in West Bank Mourners have gathered in southwest Turkey for the funeral of a US-Turkish activist, who was shot dead while protesting Israeli settlements in the West Bank. Middle East • 14 Sep 24
Turkish inflation slows to 52% in August from 61.8% Turkey's annual inflation rate slowed further in August to 52% after reaching 61.8% in July, official data showed today. Business • 03 Sep 24
Turkish inflation slows to 52% in August from 61.8% Turkey's annual inflation rate slowed further in August to 52% after reaching 61.8% in July, official data showed today. Business • 03 Sep 24
Watch: Turkish MPs brawl amid debate on jailed politician A fistfight broke out in Turkey's parliament when an opposition deputy was attacked after calling for his colleague, jailed on charges of organising anti-government protests but since elected an MP, to be admitted to the assembly. World • 16 Aug 24
Watch: Turkish MPs brawl amid debate on jailed politician A fistfight broke out in Turkey's parliament when an opposition deputy was attacked after calling for his colleague, jailed on charges of organising anti-government protests but since elected an MP, to be admitted to the assembly. World • 16 Aug 24
China's BYD to open electric car plant in Turkey China's electric vehicle giant BYD will open a factory in Turkey, as the company continues its international expansion. Business • 08 Jul 24
China's BYD to open electric car plant in Turkey China's electric vehicle giant BYD will open a factory in Turkey, as the company continues its international expansion. Business • 08 Jul 24
Turkish inflation falls to 71.6% in June Turkey's annual inflation rate fell to 71.6% in June, the first decrease in several months, official data showed today. Business • 03 Jul 24
Turkish inflation falls to 71.6% in June Turkey's annual inflation rate fell to 71.6% in June, the first decrease in several months, official data showed today. Business • 03 Jul 24
Turkey central bank holds key interest rate at 50% Turkey's central bank has today kept its key interest rate unchanged for the third month in a row as annual inflation runs high over 75%. Business • 27 Jun 24
Turkey central bank holds key interest rate at 50% Turkey's central bank has today kept its key interest rate unchanged for the third month in a row as annual inflation runs high over 75%. Business • 27 Jun 24
Turkey's annual inflation rises to 69.8% in April Turkish annual consumer price inflation climbed to 69.8% in April, official data showed today, slightly below expectations but the highest since late-2022 on strong rises in education, restaurants and hotels prices. Business • 03 May 24
Turkey's annual inflation rises to 69.8% in April Turkish annual consumer price inflation climbed to 69.8% in April, official data showed today, slightly below expectations but the highest since late-2022 on strong rises in education, restaurants and hotels prices. Business • 03 May 24
Turkey's central bank holds key interest rate steady Turkey's central bank held its key interest rate steady today but warned it could hike it again as the country's soaring inflation remains a headache for President Recep Tayyip Erdogan's government. Business • 25 Apr 24
Turkey's central bank holds key interest rate steady Turkey's central bank held its key interest rate steady today but warned it could hike it again as the country's soaring inflation remains a headache for President Recep Tayyip Erdogan's government. Business • 25 Apr 24
Turkish inflation moves up in March to 68.5% Turkish annual consumer price inflation climbed to 68.5% in March, official data showed today, below expectations, amid strong rises in restaurant, education and health sector prices. Business • 03 Apr 24
Turkish inflation moves up in March to 68.5% Turkish annual consumer price inflation climbed to 68.5% in March, official data showed today, below expectations, amid strong rises in restaurant, education and health sector prices. Business • 03 Apr 24
Toll in Istanbul apartment block blaze mounts to 29 dead A fire that raged from the basement of a 16-storey block in central Istanbul left at least 29 people dead, with flames and thick smoke billowing for hours despite a massive emergency response. World • 03 Apr 24
Toll in Istanbul apartment block blaze mounts to 29 dead A fire that raged from the basement of a 16-storey block in central Istanbul left at least 29 people dead, with flames and thick smoke billowing for hours despite a massive emergency response. World • 03 Apr 24
Five things to know about Turkey's momentous election Turkey's local elections have dealt the biggest blow in more than two decades to President Recep Tayyip Erdogan and his ruling AKP party. World • 01 Apr 24
Five things to know about Turkey's momentous election Turkey's local elections have dealt the biggest blow in more than two decades to President Recep Tayyip Erdogan and his ruling AKP party. World • 01 Apr 24
Erdogan sees 'turning point' for Turkey after poll defeat Turkey is at a "turning point", President Recep Tayyip Erdogan said after the opposition fighting his two-decade rule swept municipal elections in Istanbul, and other major cities. World • 01 Apr 24
Erdogan sees 'turning point' for Turkey after poll defeat Turkey is at a "turning point", President Recep Tayyip Erdogan said after the opposition fighting his two-decade rule swept municipal elections in Istanbul, and other major cities. World • 01 Apr 24
Turkish opposition ahead in battle for key cities The main Turkish opposition party has claimed victory in the mayoral race in the capital Ankara as the party built a solid lead in the count for control of Istanbul, according to partial results from local elections. World • 31 Mar 24
Turkish opposition ahead in battle for key cities The main Turkish opposition party has claimed victory in the mayoral race in the capital Ankara as the party built a solid lead in the count for control of Istanbul, according to partial results from local elections. World • 31 Mar 24
Turkey stuns market with 500-point rate hike to 50% Turkey's central bank unexpectedly raised interest rates by 500 basis points to 50% today, citing a deteriorating inflation outlook and pledged to tighten further if significant and persistent deterioration in inflation is foreseen. Business • 21 Mar 24
Turkey stuns market with 500-point rate hike to 50% Turkey's central bank unexpectedly raised interest rates by 500 basis points to 50% today, citing a deteriorating inflation outlook and pledged to tighten further if significant and persistent deterioration in inflation is foreseen. Business • 21 Mar 24
Turkey inflation rises to 67% in February Turkey's annual inflation rate climbed to 67.07% in February, exceeding expectations and keeping up pressure for tight monetary policy amid strong rises in food, hotel and education prices, official data showed today. Business • 04 Mar 24
Turkey inflation rises to 67% in February Turkey's annual inflation rate climbed to 67.07% in February, exceeding expectations and keeping up pressure for tight monetary policy amid strong rises in food, hotel and education prices, official data showed today. Business • 04 Mar 24