“Brent and WTI Oil Prices Surge to Highest Level in March 2024, Strong Increase Expected Despite Good Friday Trading Closure”
Brent and WTI oil prices soar in March 2024, with a strong increase in the first week. Brent rose 4.6% and WTI 6.3%. Trading closes on Good Friday.
Turkey’s Inflation Hits Yearly Peak at 61.98% in November, Defying Expectations
Turkey’s annual inflation reaches year’s highest level at 61.98% in November, slightly lower than expected. Currency depreciation cycle expected to drive inflation rate to 70-75% by May. Central Bank raises interest rates to curb inflation. Residential construction activities also contribute to inflation control.