New Support of 36 Billion Liras Coming for Export

Minister of Trade Bolat announced that a new guarantee package worth 36 billion liras for exporters will be completed very soon. Minister of Trade Ömer Bolat reported that new guarantee support has been prepared to provide financing ease for exporters. Emphasizing that the Ministry, with the Export Credit Bank of Turkey (IGE) as a significant […]

Inflation Falls Below 40 Percent

The Turkish Statistical Institute (TÜİK) has announced the inflation figures for February. Inflation came in below expectations in February at 2.27 percent on a monthly basis. The annual inflation rate fell to 39.05 percent. Economists had predicted a monthly inflation increase of around 3 percent, with annual inflation expected to drop to 40 percent. The […]

Ice cream takes the lead as price champion in February

In the month of February, the highest price increase of 17.28% was seen in ice cream. The product that experienced the biggest price drop was outpatient medical services with a decrease of 23.29%. According to data from the Turkish Statistical Institute (TÜİK), the highest price increase in consumer prices in February was in ice cream […]

Virtual Taste Experience Becoming Real: Imitation Rate Reaches 87%!

A groundbreaking development has taken place in the world of science. Researchers from the United States have developed a system that can chemically mimic the tastes of food and beverages by converting them into digital data. This technology, called “e-Taste,” could make it possible to experience taste in virtual reality. Researchers in the United States […]

Attempting to Cross the Ocean by Rowing, Stranded for 3 Days: Navy’s Breathtaking Operation

A Lithuanian rower attempting to cross the Pacific Ocean got caught in a tropical cyclone and was stranded in open sea for three days. Following the rower’s distress signal, a warship belonging to the Royal Australian Navy carried out a breathtaking operation. As a result of the operation, the 44-year-old adventurer was rescued, but his […]

February Inflation Data Revealed, What Percentage? February Inflation Data Released by TurkStat (2025 TÜİK February CPI Decision)

The February inflation data announced by the Turkish Statistical Institute (TurkStat) is a topic of interest for homeowners, renters, employees, and retirees. TurkStat has released the eagerly awaited February inflation data. With the inflation figures now known, the 2-month inflation difference that will determine the March rent increase rate and the salary increase for employees […]

March Rent Increase Rate, Percentage, and Amount of Increase in 2025

The March rent increase rate was determined with the announcement of inflation data for February by TURKSTAT. Alongside the inflation data announced by the Turkish Statistical Institute (TURKSTAT) for March, the 12-month updated CPI figures affecting rent increases became clear, and the new rent increase to be applied to houses and workplaces in March was […]

Stock market opens the week with an increase

The BIST 100 index on the Borsa Istanbul started the week with a 0.92% increase, rising to 9,748.03 points. At the opening, the BIST 100 index increased by 89.31 points and 0.92% from the previous close to reach 9,748.03 points. The banking index gained 1.42%, while the holding index rose by 0.78%. Among the sectoral […]

Inflation Gap Revealed for February 2025: How Much is the 2-Month Inflation Difference? What Will Be the Inflation Gap for Civil Servants and Retirees?

The 2-month inflation difference has been revealed with TÜİK’s announcement of the February inflation. The inflation rate for February was announced as 2.27 percent. With the clarity on the 2-month inflation difference, civil servants and retirees scrutinized the inflation gap they deserved in January and February. In January, the inflation rate was realized as 5.03 […]