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Consumer prices in Turkey rose 11.3 percent in March from the same period in 2016, the highest annual rate recorded since October 2008. (File photo)

April 6th, 2017 - 01:34 GMT

Turkey's inflation rate still stuck in double-digit territory

Turkey's inflation hit its highest annual rate in over eight years in March.

Turkey's BIST 100 index plunged 5.67 percent, while the Turkish lira dropped 4 percent in value after elections. (AFP/File)

June 8th, 2015 - 01:15 GMT

Turkey market plunges, lira hits record low after ruling party’s setback in elections

Inflation in April stood stubbornly above the central bank's forecast for the end of the year and weighing against the likelihood of significant interest rate cuts in the near term.

May 6th, 2014 - 02:55 GMT

Who's to blame? At almost 10%, Turkey's inflation rate hits 2 year high