Macroeconomics

Inflation for June in comparison with May is minus 0.6%, the National Statistical Institute reported.

Inflation from the beginning of the year (June 2019 versus December 2018) was 1.2% and the annual inflation in June 2019 compared to June 2018 was 2.8%.

The average annual inflation for the period July 2018 - June 2019 compared to July 2017 - June 2018 was 3.3%.

Turkey cannot make lasting improvement without enacting macroeconomic reforms, according to the head of the Turkish Industry and Business Association (TÜSİAD).

This May Turkey's current account balance posted a $151 million surplus, improving from a $6.17 billion deficit in the same month last year, the Turkish Central Bank announced.

The European Commission lowered its estimates on July 10 for euro zone growth and inflation, saying uncertainty over U.S. trade policy posed a major risk to the bloc.

Greece's annual EU-harmonized inflation rate slowed in June, statistics service ELSTAT data showed on Wednesday.

Consumer prices dropped 0.23 per cent in June 2019 compared with the previous month and by 2.98 per cent compared with the end of last year (December 2018), while the annual inflation rate went down to 3.84 per cent, because of the drop in prices for food stuffs by 0.47 per cent, non-food stuffs by 0.24 per cent, and the increase in services by 0.17 per cent, according to data released by the N

When he set up his own business washing boats and cars on the Greek island of Skyros nearly a decade ago, 42-year old Nikos Vourliotis was a young man with dreams and aspirations.

Greek management consultants are optimistic about the course of the Greek economy in the next 12 months, according to a survey by the Hellenic Association of Management Consulting Firms (SESMA) released on Tuesday.

Consumer prices in Turkey rose 15.72% on an annual basis in June, a sharp drop in inflation rates from May, the country's statistical authority announced on July 3.The annual inflation rate last month fell from 18.71% in May, according to Turkish Statistical Institute (TÜİK).

The consumer price index in May 2019 compared to April 2019 was 100.1%, i.e. the monthly inflation was 0.1%. The inflation rate since the beginning of the year (May 2019 compared to December 2018) has been 1.8% and the annual inflation in May 2019 compared to May 2018 was 3.5%.