Kategori: Economy

The regulation on the reduction of the Special Consumption Tax (SCT) on tobacco products has been published in the Official Gazette and has come into effect. With this regulation, the SCT rate on tobacco products has been reduced from 45% to 42%. Additionally, it has been decided that the Yİ-ÜFE update will not be applied…

Kirill Dmitriev, the Special Representative of the Russian President for Foreign Economic Relations, made harsh statements about the current state of the German economy on social media. Dmitriev stated that Germany's deindustrialization and economic collapse began with the terrorist attack on the Nord Stream gas infrastructure, which transported cheap Russian gas. The German Federal Prosecutor's…

The decision to gradually end the escalation mobile system, which is used to determine the Special Consumption Tax (SCT) amounts of fuel products, has been made with a presidential decree. This system was intended to prevent the inflationary effects of periodic price increases in fuel prices by offsetting price increases due to international oil prices…

The 13.52% increase in civil servant salaries has changed many payments that affect citizens. The ceiling for severance pay, disability benefits, and the 65-year-old age pension have been updated according to the new increase rate. Disability benefits and home care assistance have also been affected by this increase. Accordingly, the severance pay ceiling has risen…

The Turkish Statistical Institute (TÜİK) has announced the inflation figures for June, which has also clarified the rent increase rate for July. Accordingly, the highest rent increase rate that can be applied to house and workplace rentals has been determined as 32.03 percent. Based on the data announced by TÜİK, the rent increase rate calculated…

Following the announcement of June inflation data, the salary increase for civil servants and pensioners for the period of July-December 2026 has become clear. According to the data shared by the Turkish Statistical Institute (TÜİK), civil servants and pensioners are entitled to a 13.52% salary increase. The salary increase for civil servants and pensioners was…

With the announcement of the public servant salary increase rate, the increase in bedelli askerlik has also been determined. The bedelli askerlik fee was updated with the announcement of the June inflation rate. The bedelli askerlik fee increased from 416,361 lira 30 kuruş to 472,653 lira 34 kuruş, while the amount that draft evaders and…

Gold prices have shown their first increase after five weeks. Experts view this as a short-term recovery, but medium and long-term risks persist. Spot gold is trading at $4178 with a 1.37% increase. Gram gold is also up by 1.54% at 6289 TL. After facing pressure recently, gold has started to show a positive gain…

The consumer price index (CPI) data for June has been released. Accordingly, the annual inflation rate is 32.11 percent, and the monthly inflation rate is 0.99 percent. Economists participating in the AA Finans Inflation Expectations Survey had predicted that the CPI would increase by 1.04 percent in June. In previous months, inflation rates were as…

The Turkish Statistical Institute's (TURKSTAT) announcement of June inflation rates has finalized the salary increases for civil servants and pensioners. Inflation was recorded at 0.99 percent on a monthly basis and 32.11 percent on an annual basis. The first five months' inflation data had already revealed a significant portion of the salary increase. With the…