Turkey’s annual inflation rate at 18.95% in July
Highest annual rise recorded 24.92% in food and non-alcoholic beverages.
Highest annual rise recorded 24.92% in food and non-alcoholic beverages.
Central Bank decides to maintain policy rate at 19% as expected by market.
Consumer price index climbed 1.94% on monthly basis, per TurkStat.
Policy rate stands at 19% in line with market expectations and tight monetary policy stance.
Central Bank to continue to use all tools independently and effectively, says head.
Meetings of Monetary Policy Committee to go on as previously scheduled, says Sahap Kavcioglu.
IMF mission chief to Turkey says policy shift led fall in risk premium to gradually reduce inflation.
Policy rate stands at 17% in line with market expectations.
Country’s year-end inflation rate projected at 9.4% for 2021, 7% for 2022.
Consumer price index up by 1.25% on monthly basis in December.