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Türkiye’s annual inflation rate has slowed down to 39.59 percent in May, the data from the Turkish Statistical Institute (TÜİK) have shown.

Türkiye'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 June 5.

The Turkish Statistical Institute (TÜİK) has said that it will take a government decision on free natural gas into account when calculating the May inflation, and that it is expected to have a strong effect in pushing the inflation index down.

Turkey’s economy expanded more than expected at the start of the year, bolstered by pre-election spending and strong household consumption.

The Turkish Statistical Institute (TÜİK) will release the economic growth data for the first quarter on May 31.

Youth population constituted 15.2 percent of the country’s total population in 2022, as this figure was higher than that of all 27 European Union member countries, reveals a statistic by the Turkish Statistical Institute (TÜİK).

Nearly 370,000 homes have been sold in the January-April period of 2023, according to the latest data from the Turkish Statistical Institute (TÜİK).

The government will reconsider the minimum wage level in July, Labor and Social Security Minister Vedat Bilgin has said.

Within the scope of its latest course of action for children’s rights, the Family and Social Services Ministry has announced the Türkiye Child Rights Strategy Document and Action Plan for 2023-2028, prioritizing children’s law and psychology.