Economy

39 pct rise in individuals facing legal action over credit debts Azeri state oil company SOCAR to invest $7 billion to Turkey 230M passengers used airports in Turkey during 2024 Turkey increases pensions by about 16 pct Turkey’s official inflation falls to 44 percent in December Manufacturing sector nears stabilisation in December, index shows Turkey's hunger threshold surpasses 21,000 liras in December Turkey raises fuel tax by 6 percent amid inflation goals Year of price hikes: Goods and services surge to record levels in 2024 New minimum wage falls short of rent in over half of Istanbul Central bank cuts rates after 18 months of tightening efforts Monetary policy committee to set interest rates in 8 meetings in 2025 Turkey increases minimum wage by 30 percent Finance Minister Şimşek: 'Turkey faces serious inflation issue' Turkey’s new minimum wage to be decided this week New report reveals series of crude oil shipments from Turkey to Israel Turkish labor union demands 74 pct hike in minimum wage Use of Turkish lira spreads in Syria Turkish government projects $61.7B budget deficit for 2024 Turkish construction shares surge amid Syria rebuilding hopes Food inflation reaches 86.2% for Turkey's poorest group: Union report Turkey's minimum wage talks set to challenge inflation strategy Turkey’s official annual inflation rate drops to 47 pct in November Fake dollar crisis in Turkey hits exporters Turkish economy grew 2.1 pct in Q3, under expectations Registration fee for phones brought from abroad increased 45,000 TL Smuggled gold entering Turkey nears 50 tons in one year, industry says Turkish job seekers struggle as economic shifts dampen hopes Central bank keeps 50 pct interest rate unchanged for eighth time Turkey asks export group to curb trade with Israel, Reuters reports