Nation

Türkiye Sees Record Low Household Inflation Forecasts for 2026

In a promising development for Türkiye's economy, inflation expectations among Turkish households have markedly improved, reaching their lowest point this year as of June. The Central Bank of the Republic of Türkiye's latest survey indicates that households expect the annual inflation rate over the next 12 months to average 46.13%. This represents a decline of 3.38 percentage points from May, showing a consistent decrease...

Türkiye’s Economy Boosted by 93% Drop in Traffic Violations

Türkiye has seen a significant reduction in dangerous driving offenses following the implementation of stricter traffic laws and enhanced enforcement measures earlier this year. The changes to the Highway Traffic Law, which came into effect on February 27, introduced more severe penalties for various offenses that pose major risks to road safety. This legislative move has been a key factor in improving driving behavior...

Türkiye and China Enhance Economic Collaboration in 55-Year Diplomatic Milestone

As Türkiye and China commemorate 55 years of diplomatic relations, the two countries are strengthening their partnership through increased collaboration in various sectors such...

Türkiye Offers Economic Forum for Russia-Ukraine Peace Negotiations

Turkey has once again expressed its readiness to facilitate a new round of peace talks between Russia and Ukraine, as confirmed by Kremlin foreign...

Erdoğan, Pashinyan Explore Economic Benefits of Türkiye-Armenia Normalization Talks

In a recent phone call, Turkish President Recep Tayyip Erdoğan and Armenian Prime Minister Nikol Pashinyan discussed the ongoing efforts to normalize relations between...

Türkiye’s Q1 Economy Expands by 2.5% Amidst Regional Economic Pressures

Türkiye's economy demonstrated resilience in the first quarter of 2026, registering a growth rate of 2.5 percent. This positive performance comes despite the backdrop...