The Istanbul Chamber of Commerce (ITO) has released its first inflation data for 2026, revealing a sharper-than-expected 4.56% monthly spike in retail prices. This surge has pushed the city’s annual inflation rate to 36.15%, signaling that the battle against price volatility in Turkey’s economic engine is far from over. The Main Culprits: Health and Transport … Continue reading ANALYSIS: Istanbul Inflation Jumps in January – Identifying the Drivers of the “New Year Shock”