Turkey's inflation passes 75% in what economists believe is peak
Inflation in Turkey topped 75% in May, up from 69.8% in April, in what economists expect to be the peak before prices start to ease.
Liam Peach in asian news
Turkey's inflation accelerates to nearly 70% in April
Turkey's inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday.
Turkish annual inflation soars to 67% in February
Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations.
Israel's GDP contracts nearly 20% in fourth quarter amid Gaza war
Israel's gross domestic product shrank nearly 20% in the fourth quarter of 2023, according to official figures.
Turkey hikes interest rate again to 45% after inflation nears 65%
Turkey's central bank on Thursday hiked its key interest rate by another 250 basis points to 45%.