Tag: Turkish economy
Consumer Inflation in Turkey Exceeded Expectations in January
According to data from the Turkish Statistical Institute (TÜİK), consumer inflation in January exceeded economists’ forecasts. The annual inflation rate rose unexpectedly, mainly due to increases in food and energy prices. Monthly and Annual Inflation Rates In January, monthly inflation in Turkey reached its highest level in 11 months. Consumer prices increased by 5.03% compared
The Norwegian Sovereign Wealth Fund has invested in 44 Turkish companies
The Norwegian Sovereign Wealth Fund reported a profit of $222 billion from its investments last year, and it has now revealed its investments in 44 Turkish companies for 2024. The fund made its first investments in 11 companies in Türkiye while exiting its positions in 6 others. Holding 1.5% of global stock market shares, the