Turkish Inflation Rate YoY (Feb) Y/Y 31.53% vs. Exp. 31.55% (Prev. 30.65%)
Newsquawk Staff ·
Turkish Inflation Rate YoY (Feb) Y/Y 31.53% vs. Exp. 31.55% (Prev. 30.65%)
What it means
The Turkish inflation rate came in at 31.53%, slightly below expectations of 31.55% but significantly above the previous month's rate of 30.65%. This outcome indicates persistent inflation pressures, which may complicate the central bank's monetary policy stance, affecting interest rate expectations in the market.
- Chile Central Bank maintains benchmark interest rate at 4.50% as expected, with the decision unanimous, while it stated that the future path of interest rates will be assessed on a meeting-by-meeting basis
- Hilton (HLT) CEO says US middle-class real wages are growing despite higher inflation, contributing to broad-based strength in what management describes as a "C-shaped economy"
- CNB's Seidler says a 25bps rate hike in November is likely, with the November inflation outlook likely to be revised higher
- Turkish Unemployment Rate (Sep) 8.4% (Prev. 7.8%)
- Newsquawk Daily European Opening News - 27th October 2026
Related headlines
- BCB Governor Galipolo says the BCB only intervenes in the foreign exchange market when it identifies market dysfunction7 hours ago
- BCB's Picchetti says economic activity is showing a very clear slowdown, concentrated in cyclical sectors8 hours ago
- BCB says the economy has been expanding at a more moderate pace, and the labour market remains hot, but some indicators show signs of cooling11 hours ago
- Taiwan Central Bank says it sees strong economic growth this year and stable growth next year, while it forecasts Taiwan GDP at 5.82% growth next year18 hours ago
- BoK official says private spending is to slowly rebound from Q4 to Q1 202722 hours ago
- BCB poll shows economists see year-end 2026 Selic rate at 13.25% (prev. 13.25%) and year-end 2027 at 11.75% (prev. 12.00%)1 day ago
- Major newswire poll shows Bank of Thailand is unanimously forecast to keep rates unchanged at 1.00% at its meeting on Wednesday, while it is seen to keep rates unchanged throughout next year as weak growth outweighs inflation concerns1 day ago
- Freeport-McMoRan (FCX) expects higher spending in 2027, driven by US expansion projects and inflation7 hours ago
- Sherwin-Williams (SHW) expects 2027 raw material inflation in the low- to mid-single-digit range, peaking in H17 hours ago
- US Midterms (7 days out): Democrats’ early-vote lead narrows in 8 states; Texas and Nebraska flip to Republicans, South Carolina now tied10 hours ago
- [MARKET ANALYSIS] DXY holds above 102.00; Antipodeans modestly outperform, and USD/JPY eyes a hefty 157.85 expiry13 hours ago
- EUROPEAN OPEN: HSBA LN Q3 pretax profit misses, announces USD 1bln buyback; AMAT raises BESI NA stake; NOVN SW raises FY26 core earnings outlook; ORA FP raises FY26 EBITDAaL outlook; UMG NA held prelim take-private talks; RKT LN cuts FY26 core LFL growth 14 hours ago
- Turkish Participation Rate (Sep) 52.7% (Prev. 52.5%)15 hours ago
- Newsquawk Daily European Equity Opening News - 27th October 202615 hours ago
- UK BRC Shop Price Inflation (Oct) 2.1% vs. Exp. 1.6% (Prev. 1.4%)22 hours ago