Page 5 - Tera Securities News Today : Breaking News, Live Updates & Top Stories | Vimarsana

2021-05-31 11:35:42 GMT2021-05-31 19:35:42(Beijing Time) Xinhua English ISTANBUL, May 31 (Xinhua) -- Turkey's economy expanded by 7 percent in the first quarter of 2021, a robust growth rate which is expected to continue throughout the year, but challenges remain amid a series of setbacks, experts said. The growth was higher than expected, the Turkish Statistical Institute announced on Monday. The country's GDP grew 1.8 percent last year amid the COVID-19 pandemic. According to the Treasury and Finance Ministry, Turkey expects its gross domestic product to grow over 5 percent this year...

2021-05-04 13:05:50 GMT2021-05-04 21:05:50(Beijing Time) Xinhua English ISTANBUL, May 4 (Xinhua) -- Turkey's annual consumer price inflation surged to 17.1 percent year-on-year in April, the highest level in two years as the government is making efforts to control price hikes. According to the official data released on Monday, consumer prices rose by 1.68 percent month-on-month while producer prices increased by 35.2 percent. The already weak Turkish lira has slid in the past month over domestic financial woes, which led the Turkish Central Bank last week to raise its year-end inflatio...

2021-04-19 12:36:31 GMT2021-04-19 20:36:31(Beijing Time) Xinhua English ISTANBUL, April 19 (Xinhua) -- Hayriye Ustun strolled around her neighborhood marketplace looking for the best prices as she suffered from the fallout of the COVID-19 pandemic, which has sent food prices through the roof. "I can assure you that each week, I see the prices of items going up, and it is very challenging for us because wages stay almost steady," the 47-year-old housewife told Xinhua in Istanbul's Kozyatagi neighborhood. Ustun complained that she needs more money each month to fill her two bags of groce...