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Trkiye’s annual inflation slows to 13-month low in August

ANKARA: Trkiye’s annual consumer inflation rate eased to 51.97% in August, the lowest since July 2023, according to official data released on Tuesday.

Dropped for the third consecutive month from 61.78% in July, the headline inflation came in below m…

Turkish President Erdogan receives Shell CEO for talks

WASHINGTON: Turkish President Recep Tayyip Erdogan received British oil major Shell’s Chief Executive Officer Wael Sawan on Monday for talks.

The closed-door meeting at the presidential palace in the capital Ankara came after Turkish state energy com…

Trkiye’s GDP increases 2.5% in 2nd quarter

ANKARA: The Turkish economy grew 2.5% at an annualized pace in the second quarter of 2024, according to official data released on Monday.

The country’s gross domestic product (GDP) for the April-June period reached 9.95 trillion Turkish liras, or app…