World food inflation set to accelerate as supply shocks pile up
Muhamad Yasin, a 63-year-old parking attendant in central Jakarta, says he has cut back on meals as rising prices have ​put food staples beyond his reach. "I used to be able to get...
The latest market, economy, central-bank, policy and company stories from Turkey, updated every 15 minutes. Last updated 19 October 2026.
| GDP growth (2025) | 3.6% | Moderate growth. |
| Inflation (2025) | 34.9% | High inflation: money loses value quickly. |
| Unemployment (2025) | 8.5% | High: many people can’t find work. |
| GDP per person (2025) | $18,599 | Average output per person: a rough measure of how wealthy a country is. |
| Current account (2024) | -0.8% of GDP | Deficit: spends more abroad than it earns, so it relies on foreign money. |
| Exports (2025) | 24.8% of GDP | Driven mostly by its home market. |
Latest official annual figures from World Bank Open Data (CC BY 4.0). Context, not a forecast or financial advice.
Muhamad Yasin, a 63-year-old parking attendant in central Jakarta, says he has cut back on meals as rising prices have ​put food staples beyond his reach. "I used to be able to get...
Despite global economic, regional instability, Türkiye maintains 16 years of growth, while high-tech sectors like defense generate $61.5 per kilogram in exports, Omer Bolat says at Türkiye Innovation Week
Türkiye's 2027 budget will aim to support disinflation while strengthening investment, employment and exports, Vice President Cevdet Yılmaz said Friday. The proposal, which include...
FIFA President Gianni Infantino apologized Thursday for his failed attempt to open the World Cup to private investors, but senior football officials said he failed to answer key qu...
The risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, International Monetary Fund (IMF) chief Kristali...
As a noose tightens on one of Turkey’s last remaining independent TV channels, the transformation of a once diverse media sector into a ‘univocal government-dominated ecosystem’ is almost total.
The European Central Bank (ECB) has authorized the takeover of Germany's Commerzbank AG by UniCredit, the Italian lender said Thursday, calling it an "important milestone" that und...
The supervisor of New York City's pension funds, one of the largest in the United States, asked Anthropic to postpone its stock market debut until risks posed by its artificial int...
The World Economic Forum (WEF) could appoint Christine Lagarde as its next chair as soon as next month, a report said Thursday, meaning she would step down early as European Centra...
The Developing-8 Organization for Economic Cooperation (D-8) and Al-Hidayah Group discussed plans for a digital platform aimed at expanding cross-border trade, investment and finan...
Ministry spokesperson says sanctions ‘incompatible with the spirit of alliance' with US, also details legal requirements for potential military contribution to Saudi Arabia
Prolonged conflict in the Middle East and ongoing disruptions to energy output, shipping routes, or critical infrastructure present the biggest risk to economies in the ​region and...
Antalya records strong fall occupancy despite slight 5% dip due to European stagnation and ongoing Russia-Ukraine war, as arrivals from other markets significantly outweigh losses, sector representative says
Turkish authorities appointed a government trustee to run pro-opposition broadcaster Halk TV, prosecutors said on Wednesday as police raided its Istanbul office, extending a crackdown on the opposition and prompting fresh concerns over media freedom.
Outflows from investment funds caught up in last month's turmoil have not significantly weakened Turkish residents' preference for lira-denominated assets, the chief of the country...
Turkish authorities have apprehended an Interpol-wanted crypto fugitive in an operation carried out in Istanbul on Wednesday, media reports said. Richard James Schueler, also known...
Foreign Minister Hakan Fidan will represent President Recep Tayyip ErdoÄŸan at the seventh summit of the Conference on Interaction and Confidence Building Measures in Asia (CICA) in...
Trustees were appointed to Halk TV, a broadcaster serving as the mouthpiece of the main opposition New Party (YP), on Wednesday, in an investigation into alleged corruption by the...
Turkish Cypriot opposition political party CTP leader Sila Usar Incirli on Tuesday night set out her party’s plans for local government, with the Turkish Cypriots set to hold local elections on December 6, alongside the legislative elections which will take place on the same day.
Representatives of Türkiye's Foreign Economic Relations Board say clear membership perspective for Türkiye would strengthen mutual trust, Europe's global competitiveness
The International Monetary Fund (IMF) lowered on Tuesday its growth projection for the Turkish economy for this year, while keeping the outlook for the next year unchanged. The IMF...