AI-generated summary
Turkish Statistical Institute announces consumer price index data regularly every month.
Turkish Statistical Institute announced the special comprehensive CPI indicators adjusted for seasonal effects for August.
Accordingly, the general CPI, one of the subheadings of the indicators, increased by 2.29 percent monthly in August.
Last month, the CPI excluding unprocessed food products, energy, alcoholic beverages and tobacco and gold increased by 2 percent, and the CPI excluding energy, food and non-alcoholic beverages, alcoholic beverages, tobacco products and gold increased by 2 percent.
The index increased by 1.29 percent in energy and non-food goods, 5.46 percent in energy, 1.48 percent in food and non-alcoholic beverages, and 2.91 percent in services.
The change rates (percentage) of seasonally adjusted special comprehensive CPI indicators on a monthly basis in August are as follows:

Volkswagen Group plans to phase out the SEAT brand by the end of 2029. The company will transfer all its production and R&D resources to the rapidly growing Cupra brand. According to internal documents, maintaining SEAT poses a significant financial burden and waste of resources, while Cupra has become one of the most profitable brands within the group, with high profit margins and young consumer interest.

The Food and Agriculture Organization of the United Nations (FAO) reported that global food prices rose to the highest level since November 2022 in August. Extreme weather events, war in the Black Sea and geopolitical tensions were effective in the increase.
Hopes that the Russia-Ukraine War could end and Putin's peace messages led to a decline in wheat prices. Experts state that profit sales are effective as geopolitical risks decrease, but production costs and climate risks continue.
The Ministry of Commerce announced that services exports in 2025 broke a record by reaching 124.9 billion dollars. With this success, Türkiye ranked 22nd in world service exports and contributed to the financing of the current account deficit with a foreign trade surplus of 63 billion dollars.
BIST 100 index completed the day with a decrease of 118.1 points, with widespread sales despite the rise in banking and holding indices. The total transaction volume amounted to 191.4 billion lira.

Xiaomi announced at IFA 2026 that the Mijia brand will enter the European market and will offer its electric cars for sale in Europe in 2027. The company aims for global growth in home technologies and automotive with the 'Human x Car x Home' ecosystem.