Categories Economy HIGHLIGHTS Fitch Ratings raised Turkey’s credit one notch and changed its outlook from positive to stable Güldem AtabayPosted on6 September, 20246 September, 2024 International credit rating agency Fitch Ratings upgraded Turkey’s credit rating by one notch. According to … Continue ReadingFitch Ratings raised Turkey’s credit one notch and changed its outlook from positive to stable
Categories Economy HIGHLIGHTS Politics Two polls reflect loss of support for the AKP as the main opposition keeps rising Güldem AtabayPosted on6 September, 2024 The figures in the latest election and political survey of SONAR, a research company close … Continue ReadingTwo polls reflect loss of support for the AKP as the main opposition keeps rising
Categories Güldem Atabay HIGHLIGHTS Growth, inflation and now the Medium Term Program: The economic picture of 2025 has become clear Güldem AtabayPosted on6 September, 2024 Last week was pivotal for the Turkish economy. First, second-quarter growth data was released, revealing … Continue ReadingGrowth, inflation and now the Medium Term Program: The economic picture of 2025 has become clear
Categories Finance HIGHLIGHTS AllianceBernstein: Turkish Debt and Lira Face Bumpy Road Güldem AtabayPosted on5 September, 20245 September, 2024 Christian DiClementi, director of emerging-market debt at AllianceBernstein Holding LP, predicts that Turkish lira bonds … Continue ReadingAllianceBernstein: Turkish Debt and Lira Face Bumpy Road
Categories Economy HIGHLIGHTS Central bank comments on 2Q24 growth: a moderate but gradually increasing decline in the underlying trend of economic activity Güldem AtabayPosted on4 September, 20244 September, 2024 The Central Bank of Turkey (CBRT) has published new research note on its blog, offering … Continue ReadingCentral bank comments on 2Q24 growth: a moderate but gradually increasing decline in the underlying trend of economic activity
Categories Economy HIGHLIGHTS CBRT: Decline in food prices driven by fresh fruits and vegetables Güldem AtabayPosted on4 September, 2024 The Central Bank of the Republic of Turkey (CBRT) released its “Monthly Price Developments” report … Continue ReadingCBRT: Decline in food prices driven by fresh fruits and vegetables
Categories Economy HIGHLIGHTS CBRT Deputy Governor Karahan: Fiscal policy will provide strong support to reduce inflation in the coming period Güldem AtabayPosted on4 September, 2024 Central Bank of Turkey (CBRT) Deputy Governor Hatice Karahan has indicated that the impacts of … Continue ReadingCBRT Deputy Governor Karahan: Fiscal policy will provide strong support to reduce inflation in the coming period
Categories Economy Güldem Atabay HIGHLIGHTS Güldem Atabay: Inflation- the good, bad, ugly Güldem AtabayPosted on3 September, 2024 The annual inflation rate has dropped from 62% to 52%, largely due to a significant … Continue ReadingGüldem Atabay: Inflation- the good, bad, ugly
Categories Finance HIGHLIGHTS Another step from the CBRT to support TL Güldem AtabayPosted on29 August, 2024 To support the monetary transmission mechanism, the Central Bank of the Republic of Türkiye introduces … Continue ReadingAnother step from the CBRT to support TL
Categories Economy HIGHLIGHTS Turkey is to cut its growth target for 2024 and 2025 Güldem AtabayPosted on29 August, 2024 Turkey is set to revise its economic growth forecasts downward for this year and next, … Continue ReadingTurkey is to cut its growth target for 2024 and 2025
Categories HIGHLIGHTS Politics Iraqi army shoots down Turkish drone in Kirkuk Güldem AtabayPosted on29 August, 2024 The Iraqi army announced that it shot down a Turkish UCAV over Kirkuk. “A Turkish … Continue ReadingIraqi army shoots down Turkish drone in Kirkuk
Categories Economy HIGHLIGHTS Turkey has four conditions for normalization with Syria Güldem AtabayPosted on29 August, 2024 Following Assad’s speech, Foreign Ministry sources outlined four conditions for Turkey-Syria relations to return to … Continue ReadingTurkey has four conditions for normalization with Syria
Categories Economy HIGHLIGHTS Services Producer Price Index (H-PPI) increased 4 percent over previous month Güldem AtabayPosted on29 August, 2024 Services Producer Price Index (H-PPI) increased by 61.77% yoy, increased by 4.00% mom. In July … Continue ReadingServices Producer Price Index (H-PPI) increased 4 percent over previous month
Categories Economy HIGHLIGHTS The decline in the Economic Confidence Index accelerated Güldem AtabayPosted on29 August, 2024 The economic confidence index decreased by 1.3 percent on a monthly basis in August to … Continue ReadingThe decline in the Economic Confidence Index accelerated
Categories Economy HIGHLIGHTS Inflation Expectations: Households not convinced of disinflation Güldem AtabayPosted on29 August, 2024 The August results of the Turkey Household Inflation Expectations Survey (TEBA) conducted by Koç University … Continue ReadingInflation Expectations: Households not convinced of disinflation
Categories Economy General HIGHLIGHTS Politics The winds of ‘change’ are blowing again in CHP: Imamoğlu and Kılıçdaroğlu cooperate, Özel seeks compromise Güldem AtabayPosted on27 August, 2024 Ekrem İmamoğlu’s message of ‘change’ has stirred the CHP’s backstage. While Imamoğlu and Kılıçdaroğlu are … Continue ReadingThe winds of ‘change’ are blowing again in CHP: Imamoğlu and Kılıçdaroğlu cooperate, Özel seeks compromise
Categories Economy HIGHLIGHTS CBRT: Household inflation expectations on the rise again as real sector trims its Güldem AtabayPosted on27 August, 2024 In August 2024, 12-month-ahead annual inflation expectations decreased by 1.3 points to 28.7 percent for … Continue ReadingCBRT: Household inflation expectations on the rise again as real sector trims its
Categories HIGHLIGHTS Politics Report presented to Erdoğan cited problems in justice and the economy Güldem AtabayPosted on27 August, 2024 The report, prepared by SETA and presented to President Erdoğan and the AKP leadership, cited … Continue ReadingReport presented to Erdoğan cited problems in justice and the economy
Categories Economy Finance HIGHLIGHTS According to the Central Bank, there are two main reasons for the increase in foreign currency accounts Güldem AtabayPosted on22 August, 2024 According to the analysis published on the Central Bank’s blog page, the increase in FX … Continue ReadingAccording to the Central Bank, there are two main reasons for the increase in foreign currency accounts
Categories Economy HIGHLIGHTS Turkey: Only 22.8 million of the 65.9 million people who can work are in formal, full-time employment! Güldem AtabayPosted on19 August, 2024 Turkish Statistical Institute’s (TurkStat) Household Labor Force Survey (HLFS) for the 2nd quarter of 2024 … Continue ReadingTurkey: Only 22.8 million of the 65.9 million people who can work are in formal, full-time employment!
