As it hits highest rate in 14 years
Turkish government says inflation will not continue
Turkish economy 2017
Ankara - Muslimchronicle
The Turkish government described the country’s high inflation rate in November as “temporary,” expecting it to decline starting December. Turkey's inflation in November hit its highest annual rate in 14 years at nearly 13 percent, according to official data released Monday.
Consumer prices rose 12.98 percent last month from the same period in 2016, the state statistics agency said, the highest annual rate recorded since December 2003. Inflation had been 11.9 percent in October. Monthly inflation meanwhile was 1.49 percent in November from October, with transport, clothing and food showing strong rises.
But Turkish Prime Minister Binali Yildirim said the high inflation was “temporary.” The inflation rate will decline early next year, he added. Deputy Prime Minister in charge of economy Mehmet Simsek said in a tweet on Monday that the rise in inflation stems from high food prices. "Starting from December, a lasting period of decrease in inflation will begin," Simsek added.
GMT 08:29 2018 Tuesday ,23 January
IMF raises global growth forecasts, US tax cuts provide boostGMT 08:27 2018 Tuesday ,23 January
Macron hosts 140 CEOs in pre-Davos charm offensiveGMT 08:16 2018 Monday ,22 January
Trump lashes out ahead of vote to end shutdownGMT 07:01 2018 Sunday ,21 January
Trump and 'Davos Man': best of enemiesGMT 06:36 2018 Friday ,19 January
Calls for action over dirty money flowingGMT 06:33 2018 Thursday ,18 January
Watchmakers hope to make Chinese market tickGMT 06:31 2018 Thursday ,18 January
Economists call for overhaul of eurozone fiscal rulesGMT 07:50 2018 Wednesday ,17 January
Trump visit set to eclipse Davos meet
In The Swiss Alps
Five things to know about Davos
Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
Dozens of Russian athletes banned by the International Olympic Committee for life over doping began an appeal against their suspension on Monday at the world's top sports court. The week-long hearing at the Court of Arbitration for Sport (CAS) includesIn New Aid For War-Torn Yemen
Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
The Saudi-led coalition fighting in Yemen has pledged $1.5bn (£1.1bn) in new humanitarian aid for the country. It will also increase the capacities of Yemeni ports to receive aid and cargo shipments, and set up 17 "safe-passage corridors" for humanitarian groups. ThreeParis show pays homage
To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
GMT 12:46 2017 Thursday ,05 October
Mekhlafi praises the military achievements of legitimacy troops
GMT 19:30 2017 Sunday ,01 October
Hezbollah leader Nasrallah says Israel pushing region to war
GMT 13:52 2017 Saturday ,02 December
Pope Francis wraps up Asia trip after ‘Rohingya’ acknowledgment
GMT 17:38 2017 Tuesday ,03 October
King Salman’s visit will herald new era of Saudi-Russian economic cooperation
GMT 16:28 2017 Tuesday ,12 December
On Russia’s Syria pullout claims, Pentagon voices skepticism
GMT 21:01 2018 Tuesday ,23 January
Aoun visits Defense Ministry to follow up on military operations
GMT 09:11 2017 Wednesday ,09 August
Kuwait offers Arab Quartet guarantees amid Qatar crisis
GMT 20:04 2018 Tuesday ,16 January
Morocco sentences man to death over MP killing
GMT 10:17 2018 Thursday ,11 January
Qatar to change pro-terror policy
GMT 19:50 2017 Wednesday ,22 February
Turkish Cypriots pull out of Cyprus reunification negotiations
GMT 13:57 2017 Saturday ,18 March
Jordanian citizen turns his car to a hotelGMT 16:27 2011 Thursday ,04 August
Philippine jeepneys nearing the end
GMT 10:18 2015 Thursday ,08 October
Energy-guzzling snow parks boom in sizzling Thailand
GMT 18:19 2017 Saturday ,14 October
ISIS ‘caliphate’ crumbles as militants surrender and forced out of Raqqa
GMT 01:45 2017 Saturday ,14 October
Taiwan president to visit Pacific allies amid China pressure
GMT 12:26 2017 Friday ,21 July
Synthetic Seventh Heaven
GMT 11:17 2017 Thursday ,06 April
Investcorp chairman urges GCC states to push ahead with economic reforms
GMT 11:45 2017 Wednesday ,27 December
Turkey's FM denies establishment of new regional axis
GMT 14:14 2017 Thursday ,22 June
Syrian governmental troops target ISIS strongholds in HamaGMT 16:19 2011 Sunday ,01 May
Shakira the Superstar
GMT 12:12 2017 Tuesday ,06 June
Maguy Bou Ghosn happy for reactions to 'Caramel'
GMT 18:00 2017 Friday ,01 December
Israeli military bombarded six sites in the Gaza Strip
GMT 18:04 2017 Saturday ,08 July
Home-made bombs explode before planned attacks in Indonesia
GMT 12:51 2017 Friday ,03 November
Syrian regime forces restore control on Deir Al Zour
GMT 12:00 2017 Thursday ,06 July
Horn brushes off Pacquiao call to review loss
GMT 21:38 2017 Friday ,13 October
Iran deal is working, says EU's Mogherini
GMT 13:10 2017 Sunday ,19 November
Syria army, allies retake Albu Kamal from IS: military source
GMT 17:05 2017 Tuesday ,24 October
Over 136 thousand Iraqis displaced between Baghdad and Arbil
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
