Turkey's monthly inflation rate is expected to rise sharply to 4.35% in January, driven by an annual hike in the minimum wage and various new year price adjustments, while the annual rate is seen ...

Thus, the finance industry was okay with the level of the wage hike. Wage-price spiral Due to Turkey's hyperinflationary environment, minimum wage hikes had to be delivered twice in 2022 and 2023.

Turkey travel warning issued as counterfeit alcohol deaths, rising crime, and soaring liquor prices impact tourists. What ...

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Turkey's central bank raised its year-end inflation forecast to 24 per cent on Friday from 21 per cent previously and ...

Turkey said on Wednesday it is increasing tariffs on imports of certain US products, including rice, cars and coal, escalating a feud with the United States that has helped trigger a currency crisis.