Turkey’s annual inflation eased sharply in August, as 50% borrowing costs filter through to the economy and dampen demand.

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RTÉ

Ireland

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.

Media Bias/Fact Check

Government of Ireland

(Bloomberg) — Turkey’s annual inflation eased sharply in August, as 50% borrowing costs filter through to the economy and dampen demand.

Financial Post

Leon Cooperman

Allianz

Canada

Turkish Inflation Slows Sharply After Interest Rate Hikes

Istanbul, Turkey — Turkey’s annual inflation rate slowed further in August to 52 percent after reaching 61.8 percent in July, official data showed on Tuesday. The central bank began to raise interest rates last year in an effort to battle soaring prices, after President Recep Tayyip Erdogan dropped his opposition to orthodox monetary policy. Turkey’s

Ad Fontes Media

Inquirer

Inquirer Group of Companies

Manila

Metro Manila

Philippines

Turkish inflation slows to 52% in August - official data

KARACHI: The sharp decline in inflation during August has opened the door for a potential interest rate cut of up to 200 basis points, researchers and analysts said after Monday’s release of the latest inflation figures. The Consumer Price Index (CPI), which measures main inflation, dropped to 9.6pc in August from 11.1 per cent in July, creating an opportunity for the State Bank of Pakistan (SBP) to lower interest rates, in line with the demands…

Dawn

Dawn Media Group

Pakistan

Interest rate cut hopes raised after inflation dip

Consumer prices in Turkey were 52 percent higher in August than in the same month last year, the lowest since July 2023. An important commodity group contributed to this.

Die Verbraucherpreise in der Türkei lagen im August 52 Prozent über dem Niveau des Vorjahresmonats, immerhin der niedrigste Wert seit Juli 2023. Eine wichtige Warengruppe trug dazu bei.

Inflation in der Türkei: Rate sinkt auf niedrigsten Stand seit mehr als einem Jahr

Spiegel

Germany

Inflation in Turkey: Rate falls to lowest level in more than a year

Consumer prices in Turkey rose 2.5 percent in August compared to the previous month. This includes an inflation rate of 52 percent.

Konsumentpriserna i Turkiet steg med 2,5 procent i augusti jämfört med månaden före. Det innebär en inflation – det vill säga prisökning i årstakt – på 52 procent.

Turkisk inflation faller till 52 procent

Dagens Nyheter.

Bonnier Group

Stockholm

Stockholm County

Sweden

Turkish inflation falls to 52 percent

Annual tax in Switzerland fell in August. However, prices remained stable compared to the previous month.

Die Jahresteuerung in der Schweiz ist im August gesunken. Im Vergleich zum Vormonat blieben die Preise aber stabil.

Schweizer Inflation sinkt im August auf 1,1 Prozent

watson.ch/

Zürich

Zürich District

Zurich

Switzerland

Swiss inflation falls to 1.1 percent in August

Turkey's inflation rate fell to its lowest level in more than a year in August.

Die Inflationsrate in der Türkei ist im August auf den niedrigsten Stand seit mehr als einem Jahr gesunken.

Türkei - Inflationsrate auf niedrigstem Stand seit einem Jahr

Deutschlandfunk

Deutschlandradio

Turkey - inflation rate at lowest level in a year

Turkey's inflation rate fell sharply in August, highlighting how high interest rates are starting to dampen galloping growth...

Rata inflaţiei din Turcia a scăzut brusc în august, evidenţiind modul în care ratele ridicate ale dobânzilor încep să reducă creşterea galopantă...

Inflaţia din Turcia scade brusc din cauza ratelor ridicate ale dobânzilor

ZF.ro

Ilfov County

Romania

Inflation in Turkey is falling sharply due to high interest rates

Türkiye's annual inflation eased more than expected in August, as official data showed on Monday, sustaining a sharp slide due to base effects and food price relief and keepin...

Turkish inflation slows to 52% in August from 61.8%

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