Hafize Gaye Erkan, the President of the Central Bank of the Republic of Türkiye, announced an increase in the inflation forecasts for 2023 and 2024. The 2023 year-end inflation forecast was raised from 58 percent to 65 percent, and the 2024 year-end forecast from 33 percent to 36 percent. In a meeting, Erkan discussed inflation, monetary policies, and their impact on financial markets. She emphasized the commitment to using all available tools to combat high and volatile inflation until a significant improvement in the inflation outlook is achieved, highlighting the importance of price stability for social welfare.
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Download File: https://iha.news/wp-content/uploads/2023/11/iha-2023-11-02_12-43-48_281087.mp4?_=1The first batch of domestically produced Togg electric vehicles departed from Gebze by train to be delivered to their new owners in Germany. The train, loaded with T10X and T10F models, passed through the Marmaray Tunnel under the Istanbul Strait and exited Türkiye via the Kapıkule Border Gate, reaching Bulgaria early this morning.
The convoy will continue through Romania, Hungary, Slovenia, and the Czech Republic before arriving in Germany on October 14. Togg officials confirmed the shipment and said delivery dates will be announced soon. The Turkish-made cars are drawing strong interest in Europe for their advanced software, design, and Euro NCAP safety ratings, with 200 vehicles set for monthly delivery and exports expected to exceed 1,000 by the end of 2025.