EU holiday package prices rose 2.8% in June 2025, with Turkey leading tourism inflation at 35.6%, according to Eurostat data.

The value of deposits covered by the scheme has shrunk from a peak of $140 billion to just $11.8 billion, a figure now seen as negligible in the context of Turkey's $1.3 trillion economy. The exit ...

In July, emerging market central banks enacted significant rate cuts totaling 625 basis points, the largest since 2022, ...

Euronews Business takes a close look at minimum wages across Europe, comparing both euro value and purchasing power.View on ...

Thanks to cuts in federal government employment, America’s own economic data are becoming increasingly unreliable. As the New York Times reported late last month, the Bureau of Labor Statistics is ...

Turkey's disinflation process is continuing in a determined manner that will bring inflation into single digits in two years, ...

While Erdoğan may imagine himself a sultan restoring the Ottoman Empire, Turks will likely remember him as the man whose ...

Turkey officially hosted 3.8 million Syrian refugees, and their presence transformed parts of the country — especially in border towns and big cities where they boosted local economies. Now, these ...

Donald Trump has long wanted to fire government officials producing politically inconvenient statistics. Now he’s doing it.

Treasury and Finance Minister Mehmet Simsek said on X that annual inflation had fallen to its lowest level in 44 months.

By Akin Nazli in Belgrade Turkey’s consumer price index (CPI) inflation officially stood at 34% y/y in July versus 35% y/y in ...

The continued easing in the speed of price rises means the inflation rate has for three months straight trended lower than at ...