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Home » Turkey » Turkey News Today – 3 November 2026: inflation, autogas rise and Seoul agreements

Turkey News Today – 3 November 2026: inflation, autogas rise and Seoul agreements
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Turkey News Today – 3 November 2026: inflation, autogas rise and Seoul agreements

Doğan Varlı
Last updated: November 3, 2026 10:00 pm
Doğan Varlı
Published: November 3, 2026
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Photo: User:Ggia / CC BY-SA 3.0
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Here is today’s Turkey news in English, Tuesday 3 November 2026. Inflation stayed near 30%, autogas prices jumped 9.50 lira, and Türkiye and South Korea signed four agreements in Seoul. Borsa Istanbul’s BIST 100 index closed 0.56% higher at 11,023.55, AA and CNBC-e reported.

Contents
  • Weather and local services
  • Prices and economy
  • Business
  • Diplomacy and tourism
  • New guides
    • Sources

Weather and local services

Rain warnings for Muğla and the Aegean: Muğla was on orange alert on Tuesday; Muğla, İzmir and Aydın stay on yellow for Wednesday, and no school closures had been announced.

Istanbul downpour pushes traffic to 89%: The governorship has a yellow warning for all districts on Wednesday, with winds of up to 70 km/h.

Planned power cuts in Muğla and Antalya: Daytime cuts in parts of Fethiye, Bodrum, Marmaris, Dalaman, Kaş and Serik.

Prices and economy

Inflation 2.58% in October, 29.77% a year: The November rent increase cap is 31.23%.

Autogas up 9.50 lira: LPG now costs 50.70 lira a litre in Muğla and 50.90 lira in Antalya.

2027 revaluation rate calculated at 27.83%: Passport, exit and IMEI fees are expected to rise from January.

Exports hit an October record of 25.9 billion dollars: The trade deficit narrowed to 6.7 billion dollars.

Extra pension improvement planned for January: Labour Minister Işıkhan gave no figure.

Business

Togg ownership change: Anadolu Group and Vestel sell their stakes to the Turkey Wealth Fund and Turkcell for 368 million euros.

Solar tender awards 785 MW: All 11 projects went at the floor price of 3.25 euro cents.

Ahmet Nazif Zorlu dies at 82: The Zorlu Holding chairman’s funeral is in Istanbul on Wednesday.

Diplomacy and tourism

Türkiye and South Korea sign four memorandums: They cover technology, mining, energy and nuclear financing.

Formula 1 to return in 2027: Tourism Minister Ersoy also expects longer flights to cost about 100 dollars more.

New guides

Driving in Türkiye on a foreign licence: When you can use it and how to exchange it.

Buying a car as a foreigner: Notary sale, secure payment, insurance and foreign-plate time limits.

Bringing pets to Türkiye: Microchip, rabies titre test, banned breeds and PETVET registration.

Home services price guide: Typical November 2026 prices for moving, cleaning, painting, boilers and AC.

Tomorrow from 08:00 we will follow the rain and wind warnings, the Zorlu funeral and the official 2027 revaluation communiqué.

Sources

    Photo: User:Ggia / CC BY-SA 3.0, via Wikimedia Commons

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