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price hike

Turks are buying up pricey new cars for resale at inflated prices in second hand market 

People in Turkey are buying expensive new cars, not for personal use but rather to sell at a higher price in the used car...

Price hikes in natural gas put more strain on Turkey’s industrial sector

Turkey’s Justice and Development Party (AKP) is under growing criticism for recent price hikes in natural gas for industrial sites and power stations, which...

Turkey calls on country’s religious authority in struggle to keep prices down

As the Turkish lira continues to be hit by losses in value against foreign currencies, the government has been struggling to keep prices down,...

BOTAŞ hikes natural gas prices 49.5 pct for electric power plants

Turkey’s Petroleum Pipeline Corporation (BOTAŞ) on Tuesday sent a memo to power plants that generate electricity through natural gas announcing that a 49.5 percent...

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