Turkish cenbank sees high food prices hitting November inflation

2 hours ago

Less than a minute

2024.11.28 06:28

© Reuters. FILE PHOTO: People shop at a fresh market in Istanbul, Turkey, July 5, 2024. REUTERS/Dilara Senkaya/File Photo

ISTANBUL (Reuters) – The Turkish Central Bank said on Thursday that the impact of food prices on consumer inflation will remain prominent in November, while monthly consumer inflation excluding food displays a more favorable track.

In minutes of last week’s policy meeting, where it kept its key rate steady at 50%, the bank said signs of an improvement in services inflation have become more apparent while monthly price increases in the services group lost pace in October.

2 hours ago

Less than a minute

Bitcoin (BTC) $ 95,254.52 1.71%

Ethereum (ETH) $ 3,610.76 3.65%

Tether (USDT) $ 1.00 0.15%

Solana (SOL) $ 235.18 0.03%

BNB (BNB) $ 655.36 4.78%

XRP (XRP) $ 1.46 1.81%

Dogecoin (DOGE) $ 0.399229 1.96%

USDC (USDC) $ 0.999585 0.23%

Cardano (ADA) $ 0.99428 0.06%

Lido Staked Ether (STETH) $ 3,609.64 3.54%

TRON (TRX) $ 0.200587 0.03%

Avalanche (AVAX) $ 42.03 1.98%

the-open-network

Toncoin (TON) $ 6.38 2.06%

Wrapped stETH (WSTETH) $ 4,287.05 4.00%

Shiba Inu (SHIB) $ 0.000025 1.28%

Stellar (XLM) $ 0.476692 3.37%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 95,221.51 2.10%

Polkadot (DOT) $ 8.14 2.09%

Chainlink (LINK) $ 17.88 0.50%

WETH (WETH) $ 3,613.10 3.88%

Bitcoin Cash (BCH) $ 506.75 2.05%

Sui (SUI) $ 3.51 3.51%

Pepe (PEPE) $ 0.000019 6.60%

NEAR Protocol (NEAR) $ 6.56 2.12%

LEO Token (LEO) $ 8.46 1.75%

Uniswap (UNI) $ 12.92 3.49%

Litecoin (LTC) $ 94.97 0.74%

Wrapped eETH (WEETH) $ 3,802.43 3.64%

Aptos (APT) $ 12.43 1.61%

internet-computer

Internet Computer (ICP) $ 11.17 1.62%

USDS (USDS) $ 1.00 0.40%

hedera-hashgraph

Hedera (HBAR) $ 0.137977 0.62%

Ethereum Classic (ETC) $ 32.56 9.28%

crypto-com-chain

Cronos (CRO) $ 0.175901 1.60%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.558005 0.02%

Render (RENDER) $ 8.06 7.03%

Bittensor (TAO) $ 561.91 1.02%

Ethena USDe (USDE) $ 1.00 0.04%

Artificial Superintelligence Alliance (FET) $ 1.47 1.76%

Kaspa (KAS) $ 0.150026 1.59%

Arbitrum (ARB) $ 0.912143 1.11%

Celestia (TIA) $ 8.21 1.98%

Dai (DAI) $ 1.00 0.31%

Filecoin (FIL) $ 5.68 4.12%

Stacks (STX) $ 2.25 4.88%

WhiteBIT Coin (WBT) $ 23.48 0.81%

VeChain (VET) $ 0.041096 1.38%

MANTRA (OM) $ 3.58 0.63%

Bonk (BONK) $ 0.000043 2.20%

OKB (OKB) $ 53.29 0.32%