简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Erdogan says May figures show inflation is on downward trend
Abstract：Turkish President Tayyip Erdogan said on Sunday that inflation figures from the month of May, when annual consumer prices jumped to a 24-year high, showed inflation was now on a downward trend.
Turkish President Tayyip Erdogan said on Sunday that inflation figures from the month of May, when annual consumer prices jumped to a 24-year high, showed inflation was now on a downward trend.
Inflation jumped to 73.5% in May - fuelled by a tumbling lira, rising energy costs and the war in Ukraine - though the figure was slightly lower than economists had feared.
Speaking to members of his ruling AK Party, Erdogan said his government was working on ways to alleviate Turks' economic woes and combat soaring prices. For more forex news, please download WikiFX - the Global Dealer Regulatory Inquiry APP.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Fed Rate Cuts May Not Happen in July, Markets Await Policy Meeting Minutes Release
Federal Reserve officials had a meeting on June 17-18 during which some of them expressed a fall in interest rates in July. However, a lot of policymakers are still worried about the inflationary pressures that might emerge from US President Donald Trump’s import tariff decisions aimed at changing global trade. So, it seems the rate cut may not happen in July. Read this to know more.
Forex Interbank Rate & How It Influences Your Trading
A forex interbank rate is nothing but the wholesale currency exchange rate that banks and other major financial institutions use to trade currencies among themselves. Read more about it.
Gold Rate Today in Mumbai and Other Updates on Your Fingertips
After correcting for two straight days, gold rebounded on June 26, 2025, across 24 Karat and 22 Karat categories in Mumbai, the financial capital of India. Check out the latest price update.
CPI Inflation Eased to 2.82% in May 2025 - Check Out the Items Whose Prices Have Fallen
The Consumer Price Index (CPI) inflation dropped to a six-year low of 2.82% in May 2025, falling from 3.16% a month ago. Read this to know the extent of fall across food and non-food items.
WikiFX Broker
Latest News
US Government Interest Grows in Victory Metals’ Rare Earths Supply
WikiFXHow Are Trade Policies Affecting the Aluminum Market?
WikiFXRM71,000 Lost in a Share Scheme That Never Existed
WikiFXScammed by a Click: He Lost RM300,000 in a Month
WikiFXManual vs. Automated Forex Trading: Which One Should You Choose?
WikiFXRevealing Factors That Help Determine the Gold Price in India
WikiFXWhy Regulatory Compliance Is the Secret Ingredient to Trustworthy Forex Brokers
WikiFXPentagon to become largest shareholder in rare earth miner MP Materials; shares surge 40%
WikiFXDelta shares jump 12% after airline reinstates 2025 profit outlook as CEO says bookings stabilized
WikiFXDelta shares jump 13% after airline reinstates 2025 profit outlook as CEO says bookings stabilized
WikiFXCurrency Calculator
