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Anyone want to buy? : Turkish lira falls as traders await uplift in economy | Turkey

Mood is tense among currency traders in Istanbul’s Grand Bazaar, with country reeling from a profound economic crisis

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Official Turkish figures show inflation dips under 40% for first time in 16 months

Turkey's annual inflation rate dropped below 40 percent in May for the first time in 16 months, pushed down by a temporary offer of free gas to households, official data showed on Monday.

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Turkish inflation dips under 40% for first time in 16 months

INSTANBUL, Turkey, June 5 - Turkey's annual inflation rate dropped below 40 percent in May for the first time in 16 months, pushed down by a temporary Kenya breaking news | Kenya news today |

Tayyip erdoganTurkey inflation research groupPresident recep tayyip erdoganInflation research group

Turkey s annual inflation rate dips under 40% for first time in 16 months

These official estimates, however, are being contested by independent economists from Turkey s Inflation Research Group (ENAG) as the first since President Recep Tayyip Erdogan was re-elected on 28 May

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Turkish Inflation Dips Under 40% for First Time in 16 Months

Erdogan, who is starting a third term in office, has said tackling inflation is a top priority

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