Published 2 months ago

Turkish annual inflation soars to 67% in February

Turkish inflation rose to 67.1% y/y in February, sparking concerns of a return to rate hiking by Turkey's central bank.
Capital Economics' Liam Peach noted the inflation increase follows a surge in January and strong household spending in Q4, heightening worries.
Strong figures indicate potential need for central bank tightening, despite previous indications of rate stabilization.

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Reuters

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2 months ago·United Kingdom

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CNBC

Turkish annual inflation soars to 67% in February

The annual February figures came in above analyst expectations, with hotels, cafes and restaurants noting the highest inflation increase.

2 months ago·United States

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RTÉ

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.

2 months ago·Ireland

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Sueddeutsche Zeitung

Inflation in Turkey rises to 67 percent

Recently, the head of the central bank was replaced. But prices continue to rise rapidly, especially for overnight stays in hotels.

2 months ago·Munich, Germany

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Arab News

Turkiye inflation rises to 67%, keeping pressure on central bank

ISTANBUL: Turkiye’s annual inflation rate climbed to 67.07 percent in February, exceeding expectations and keeping up pressure for tight monetary policy amid strong rises in food, hotel and education prices, official data showed on Monday.

2 months ago·Riyadh, Saudi Arabia

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