Economy
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BoE holds interest rates steady at 5 per cent, extends bond sell-off
The Bank of England held interest rates at 5.0 per cent on Thursday and voted to run down its stock…
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Minimum Wage has been set at 35,180 TL net and 40,436 TL gross
The 3rd minimum wage of the year has been determined. The employers’ side did not attend the meeting of the…
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Cyprus inflation decelerates to 1.5 per cent in August
Inflation in Cyprus stood at 1.5 per cent in August, its lowest level since March of this year, according to…
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August inflation announced as 3.28 percent
The cost of living for August was announced as 3.28 per cent. The highest increase was seen in the cost…
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Cyprus food prices rise despite easing inflation
Cyprus’ inflation rate for August aligned with the eurozone average, easing to 2.2% from 2.4% in July. This marked a…
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GOLD HİT RECORD HIGH
Gold is nearing its record level, supported by expectations that upcoming inflation data might clarify the Federal Reserve’s pace of…
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Cost of living 3.51 percent for July
The Statistics Institute announced the cost of living rates for July. According to the data announced by the institution, the…
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Bank of England delays Basel bank capital rules until after summer
The Bank of England will not publish rules for implementing tougher global bank capital requirements until after the summer, it…
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Food inflation moderates to 1.89 per cent despite broader inflation spike
Despite a rise in fuel prices contributing to an uptick in inflation from 1.2 per cent in March to 2.4…
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New minimum wage: Gross ₺34,070, Net ₺29,640
The Minimum Wage Determination Commission has set the second minimum wage for 2024. With a 23.5% increase, the new minimum…
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