Categories Economy General HIGHLIGHTS Poverty threatens to claim an entire generation of children in Turkey Cem CetingucPosted on26 December, 2024 In a dim one-room apartment in one of Istanbul’s poorest neighborhoods, 11-year-old Atakan Sahin curls … Continue ReadingPoverty threatens to claim an entire generation of children in Turkey
Categories Economy Finance HIGHLIGHTS Macro strategy for Turkey 2025 Atilla YeşiladaPosted on25 December, 2024 In our third article of Turkey 2025 series, we present the views of Mr Murat … Continue ReadingMacro strategy for Turkey 2025
Categories Economy HIGHLIGHTS Markets Turkey reports sharp rise in November house sales Cem CetingucPosted on23 December, 2024 The Turkish Statistical Institute reported a 63.6% increase in house sales in November 2024 compared … Continue ReadingTurkey reports sharp rise in November house sales
Categories Economy HIGHLIGHTS Turkish Labor Union seeks 74% increase in minimum wage Cem CetingucPosted on20 December, 2024 Türk-İş, representing workers in the 2025 minimum wage negotiations, announced their demand for a new … Continue ReadingTurkish Labor Union seeks 74% increase in minimum wage
Categories Economy HIGHLIGHTS BBVA Garanti: Turkey 2025 outlook Atilla YeşiladaPosted on20 December, 2024 In our second article covering Turkey’s 2025 economic and political prospects. This contribution comes from … Continue ReadingBBVA Garanti: Turkey 2025 outlook
Categories Economy HIGHLIGHTS OECD: Turkey’s 2025 economic outlook Atilla YeşiladaPosted on19 December, 2024 PA Turkey’s coverage of Turkey’s 2025 outlook starts with the view from OECD, published in … Continue ReadingOECD: Turkey’s 2025 economic outlook
Categories Company & Industry Economy HIGHLIGHTS Turkish services industry faces decline in October Cem CetingucPosted on18 December, 2024 The Turkish Statistical Institute (TurkStat) reported on Monday that the services production index declined by … Continue ReadingTurkish services industry faces decline in October
Categories Economy HIGHLIGHTS Şimşek pledges reduced inflation by 2025 Cem CetingucPosted on18 December, 2024 A noticeable slowdown in inflation has begun in many areas and it will continue in … Continue ReadingŞimşek pledges reduced inflation by 2025
Categories Economy HIGHLIGHTS Economists confident disinflation process is on track for coming months and years Cem CetingucPosted on17 December, 2024 Türkiye’s disinflation process is consistent with the country’s goals of a soft landing, leaving behind … Continue ReadingEconomists confident disinflation process is on track for coming months and years
Categories Economy HIGHLIGHTS Turkey’s budget deficit swells further in November Atilla YeşiladaPosted on17 December, 2024 Budget deficit remains at 5% of GDP as of November, although it is likely to … Continue ReadingTurkey’s budget deficit swells further in November
Categories Economy HIGHLIGHTS Gedik Investment Macro View: IP contracts YoY for the fifth straight month in October Cem CetingucPosted on12 December, 2024 In October, the industrial production (IP) index contracted by 1.6% MoM, and by 3.1% in … Continue ReadingGedik Investment Macro View: IP contracts YoY for the fifth straight month in October
Categories Economy HIGHLIGHTS Türkiye records current account surplus for fifth consecutive month Cem CetingucPosted on12 December, 2024 Türkiye’s current account balance recorded another monthly surplus, posting nearly $1.9 billion (TL 66.27 billion) … Continue ReadingTürkiye records current account surplus for fifth consecutive month
Categories Economy HIGHLIGHTS Türkiye projects $61.7B budget deficit for 2024 Cem CetingucPosted on10 December, 2024 Vice President Cevdet Yılmaz announced that the Turkish government projected a budget deficit of 2.1 … Continue ReadingTürkiye projects $61.7B budget deficit for 2024
Categories Economy HIGHLIGHTS BBVA Research: Türkiye Economic Outlook Cem CetingucPosted on9 December, 2024 We expect US protectionism to fuel uncertainty, and pressure global growth downwards and inflation upwards. … Continue ReadingBBVA Research: Türkiye Economic Outlook
Categories Business Economy HIGHLIGHTS Turkish economy: Supply-demand imbalance a hinderance to disinflation Atilla YeşiladaPosted on25 November, 2024 Growth outlook remained weak, while the demand indicators point to a slower-than-desired correction. Considering tight … Continue ReadingTurkish economy: Supply-demand imbalance a hinderance to disinflation
Categories Economy HIGHLIGHTS CBRT maintains 50% interest rate for eighth consecutive time Cem CetingucPosted on22 November, 2024 The Central Bank of Turkey kept its interest rate steady at 50 percent in November, … Continue ReadingCBRT maintains 50% interest rate for eighth consecutive time
Categories Economy HIGHLIGHTS Turkish economic outlook by Yapi Kredi chief strategist Murat Berk Atilla YeşiladaPosted on17 November, 202419 November, 2024 When we look at the domestic market, the most important event of last week was … Continue ReadingTurkish economic outlook by Yapi Kredi chief strategist Murat Berk
Categories Economy HIGHLIGHTS Turkey sets target for 1.5% share of global FDI by 2028, says Trade Minister Cem CetingucPosted on13 November, 2024 Trade Minister Ömer Bolat announced plans to increase the country’s share of global foreign direct investment (FDI) to 1.5 … Continue ReadingTurkey sets target for 1.5% share of global FDI by 2028, says Trade Minister
Categories Economy HIGHLIGHTS Turkey September BoP: Solid surplus to continue, ample financing, but disturbing “unidentified” outflows Atilla YeşiladaPosted on12 November, 2024 Overview We see a strong current account surplus and a healthy financing flows in the … Continue ReadingTurkey September BoP: Solid surplus to continue, ample financing, but disturbing “unidentified” outflows
Categories Business Economy HIGHLIGHTS September industrial production: A mild recovery amidst general pessimism Atilla YeşiladaPosted on12 November, 2024 Tukey’s IP rose on a MoM basis but remains at depressed levels not observed since … Continue ReadingSeptember industrial production: A mild recovery amidst general pessimism
