Categories General HIGHLIGHTS Israel: We will eliminate Hamas members in Turkey Güldem AtabayPosted on4 December, 2023 Ronen Bar, the head of Israel’s internal security service Shin Bet, stated that they plan … Continue ReadingIsrael: We will eliminate Hamas members in Turkey
Categories Economy HIGHLIGHTS ANALYSIS-ING: Continued improvement in Turkey’s underlying inflation trend Güldem AtabayPosted on4 December, 20234 December, 2023 With another better-than-expected monthly reading at 3.3% (vs the consensus at 3.9% and our call … Continue ReadingANALYSIS-ING: Continued improvement in Turkey’s underlying inflation trend
Categories Economy HIGHLIGHTS Citi expects a sharp slowdown in economic growth in Turkey next year Güldem AtabayPosted on1 December, 2023 In a report released today, Citi stated that Turkey has exhibited a stronger performance than … Continue ReadingCiti expects a sharp slowdown in economic growth in Turkey next year
Categories Economy HIGHLIGHTS Bloomberg HT Consumer Confidence Index rose sharply in November Güldem AtabayPosted on1 December, 2023 Bloomberg HT Consumer Confidence Index increased by 10.93% compared to the previous month in November. … Continue ReadingBloomberg HT Consumer Confidence Index rose sharply in November
Categories Economy HIGHLIGHTS Turkey PMI sinks further below 50.0 threshold Güldem AtabayPosted on1 December, 2023 The slowdown in the Turkish manufacturing sector became more entrenched in November, according to latest … Continue ReadingTurkey PMI sinks further below 50.0 threshold
Categories Economy HIGHLIGHTS S&P revised Turkey’s outlook to positive from stable Güldem AtabayPosted on1 December, 2023 International credit rating agency Standard & Poor’s (S&P) has reaffirmed Turkey’s credit rating as “B” … Continue ReadingS&P revised Turkey’s outlook to positive from stable
Categories Economy HIGHLIGHTS Istanbul monthly inflation at 3.79 percent in November Güldem AtabayPosted on1 December, 2023 In November 2023 the Istanbul Cost of Living Index, which is an indicator of retail … Continue ReadingIstanbul monthly inflation at 3.79 percent in November
Categories HIGHLIGHTS Politics U.S. Presses Sceptical Turkey to Curb Hamas Fundraising Güldem AtabayPosted on30 November, 202330 November, 2023 The U.S. Treasury’s top terrorism financing official said on Thursday he had discussed with Turkish … Continue ReadingU.S. Presses Sceptical Turkey to Curb Hamas Fundraising
Categories Economy Güldem Atabay HIGHLIGHTS Guldem Atabay: Turkey continued to experience strong growth driven by domestic demand 3Q23: Slowdown to follow in 2024 Güldem AtabayPosted on30 November, 202330 November, 2023 As per the data provided by the Turkish Statistical Institute (TÜİK), the Turkish economy grew … Continue ReadingGuldem Atabay: Turkey continued to experience strong growth driven by domestic demand 3Q23: Slowdown to follow in 2024
Categories Economy HIGHLIGHTS OECD has raised its growth forecast for Turkey Güldem AtabayPosted on29 November, 2023 The Organisation for Economic Co-operation and Development (OECD) has raised its growth expectations for the … Continue ReadingOECD has raised its growth forecast for Turkey
Categories Economy HIGHLIGHTS S&P Global revised its growth forecasts for the Turkish economy in 2023 and 2024 Güldem AtabayPosted on29 November, 2023 S&P Global has revised its growth forecasts for the Turkish economy in 2023 and 2024, … Continue ReadingS&P Global revised its growth forecasts for the Turkish economy in 2023 and 2024
Categories Economy HIGHLIGHTS Turkey’s central bank Governor: Time has come to switch back to Turkish lira Güldem AtabayPosted on29 November, 2023 Central Bank of Turkey Governor Hafize Gaye Erkan stated, “We believe the time has come … Continue ReadingTurkey’s central bank Governor: Time has come to switch back to Turkish lira
Categories Economy HIGHLIGHTS Exclusive: European fund giant Amundi dipping toe back into Turkey’s lira Güldem AtabayPosted on28 November, 2023 Amundi, Europe’s largest asset manager, has started dipping its toe back into the Turkish lira … Continue ReadingExclusive: European fund giant Amundi dipping toe back into Turkey’s lira
Categories Economy HIGHLIGHTS Turkey to unveil tax incentives to boost foreign currency inflows Güldem AtabayPosted on22 November, 2023 Finance Minister Mehmet Şimşek has announced a new incentive regulation aimed at encouraging foreign currency … Continue ReadingTurkey to unveil tax incentives to boost foreign currency inflows
Categories Economy HIGHLIGHTS Erdoğan declared that the period of appreciation for the Turkish Lira has begun Güldem AtabayPosted on22 November, 2023 Turkish President Erdoğan stated that the period of the Turkish Lira losing value in real … Continue ReadingErdoğan declared that the period of appreciation for the Turkish Lira has begun
Categories Economy HIGHLIGHTS Politics Turkey to privatize highways, bridges, and hydroelectric power plants to reduce current account deficit Güldem AtabayPosted on1 November, 2023 Turkey’s Finance Minister Mehmet Simşek unveiled plans for the privatization of infrastructure projects such as … Continue ReadingTurkey to privatize highways, bridges, and hydroelectric power plants to reduce current account deficit
Categories Economy HIGHLIGHTS The slowdown in Turkey’s industrial sector is accelerating Güldem AtabayPosted on1 November, 2023 According to the Istanbul Chamber of Industry (ISO) Manufacturing Purchasing Managers’ Index (PMI) for October … Continue ReadingThe slowdown in Turkey’s industrial sector is accelerating
Categories Economy General HIGHLIGHTS Istanbul inflation below 4 percent in October, but the annual rate is still very high Güldem AtabayPosted on1 November, 2023 According to Istanbul Chamber of Commerce (İTO) data, the retail price increase, which was at … Continue ReadingIstanbul inflation below 4 percent in October, but the annual rate is still very high
Categories Economy HIGHLIGHTS Turkey’s foreign trade deficit down by half in September Güldem AtabayPosted on1 November, 2023 Turkey’s foreign trade recorded a historic high trade deficit in the first 9 months. According … Continue ReadingTurkey’s foreign trade deficit down by half in September
Categories Economy Finance HIGHLIGHTS Further simplification steps from the Turkish Central Bank to ease the financial repressing of the previous economy team Güldem AtabayPosted on27 October, 2023 Turkish central bank has announced measures to simplify regulations, including the termination of some securities … Continue ReadingFurther simplification steps from the Turkish Central Bank to ease the financial repressing of the previous economy team
