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
Categories Business Economy HIGHLIGHTS ANALYSIS: Slight improvement in September employment figures Atilla YeşiladaPosted on12 November, 2024 Unemployment rate materialized at 8.6%… Unemployment rate in September remained unchanged at 8.6% compared to … Continue ReadingANALYSIS: Slight improvement in September employment figures
Categories Economy Finance HIGHLIGHTS CBRT Inflation Report bolsters rate cut expectations Atilla YeşiladaPosted on9 November, 2024 CBRT made sizeable upward revisions to its inflation forecasts. The CBRT’s revised 3-year CPI inflation … Continue ReadingCBRT Inflation Report bolsters rate cut expectations
Categories Economy HIGHLIGHTS Prof. Fatih Özatay: Mistakes made in the fight against inflation Güldem AtabayPosted on6 November, 2024 TurkStat announced October inflation: 48.6 percent annually and 2.88 percent monthly. The Istanbul Chamber of … Continue ReadingProf. Fatih Özatay: Mistakes made in the fight against inflation
Categories Economy HIGHLIGHTS ANALYSIS: Turkish inflation stickier than molasses Atilla YeşiladaPosted on4 November, 2024 Turkish inflation was reported at 2.9% in October, higher than the market consensus of 2.5%. … Continue ReadingANALYSIS: Turkish inflation stickier than molasses
Categories Economy HIGHLIGHTS CHP leader pushes for 30,000 lira minimum wage increase Cem CetingucPosted on4 November, 2024 Turkish main opposition CHP leader Özgür Özel has demanded that the net minimum wage be … Continue ReadingCHP leader pushes for 30,000 lira minimum wage increase
Categories Economy HIGHLIGHTS Tim Ash on Turkiye (Q&A): Lots of moving parts, but let’s see the glass half full Atilla YeşiladaPosted on2 November, 2024 Q? So 18 months into the Simsek programme where are we? Answer – Mixed … Continue ReadingTim Ash on Turkiye (Q&A): Lots of moving parts, but let’s see the glass half full
Categories Economy HIGHLIGHTS Politics Halkbank decision announced in the US: Immunity request rejected Güldem AtabayPosted on22 October, 2024 US appeals court rejects Halkbank’s immunity request. Hearings will begin after this. A US appeals … Continue ReadingHalkbank decision announced in the US: Immunity request rejected
Categories Economy General HIGHLIGHTS Politics Fethullah Gülen Dies in the United States Amid Allegations of Internal Strife Güldem AtabayPosted on21 October, 2024 Fethullah Gülen, the controversial cleric and leader of the Gülen movement, has reportedly passed away … Continue ReadingFethullah Gülen Dies in the United States Amid Allegations of Internal Strife
Categories Economy HIGHLIGHTS Politics Murat Yetkin: New Details on the Neonatal Operation- A Flawed Health System Exposed Güldem AtabayPosted on21 October, 202421 October, 2024 The ongoing investigation into the neonatal operation has revealed disturbing truths about the inadequacies and … Continue ReadingMurat Yetkin: New Details on the Neonatal Operation- A Flawed Health System Exposed
Categories Economy HIGHLIGHTS World Bank optimistic about Turkish economy in 2025 Cem CetingucPosted on18 October, 2024 The normalization of monetary and fiscal policies in Türkiye is helping to restore macroeconomic stability as inflation pressures gradually … Continue ReadingWorld Bank optimistic about Turkish economy in 2025
Categories Economy HIGHLIGHTS CBRT keeps rate on hold for seventh straight month Cem CetingucPosted on17 October, 2024 As widely expected, Türkiye’s Central Bank has extended its interest-rate pause for a seventh straight month. The bank … Continue ReadingCBRT keeps rate on hold for seventh straight month
Categories Economy HIGHLIGHTS Debate over the minimum wage is intensifying once again Güldem AtabayPosted on15 October, 202415 October, 2024 Turkey’s minimum wage of 17,002 lira is below even the hunger limit. The AKP government, … Continue ReadingDebate over the minimum wage is intensifying once again
Categories Economy HIGHLIGHTS What did Nobel prize winner say about Turkish economy’s current state? Cem CetingucPosted on15 October, 202415 October, 2024 ISTANBUL, Feb 28 (Reuters) – (This story is from February 28th, and has repeated with … Continue ReadingWhat did Nobel prize winner say about Turkish economy’s current state?
Categories Economy HIGHLIGHTS Middle East tensions, austerity drive to curtail Turkish GDP growth Atilla YeşiladaPosted on15 October, 2024 Heightened tensions in the Middle East will hinder Türkiye’s efforts to get its ailing economy … Continue ReadingMiddle East tensions, austerity drive to curtail Turkish GDP growth
