Categories Economy HIGHLIGHTS HSBC Turkey outlook: Where are we now? Where are we going? Atilla YeşiladaPosted on23 January, 2024 Summary Türkiye’s macro policies have become more conventional, opening up the way for gradual adjustment … Continue ReadingHSBC Turkey outlook: Where are we now? Where are we going?
Categories Economy HIGHLIGHTS Disinformation Center denies claim that Erdoğan will meet with Central Bank Governor Erkan Güldem AtabayPosted on22 January, 2024 The claim that President Recep Tayyip Erdoğan will meet with Central Bank Governor Hafize Gaye … Continue ReadingDisinformation Center denies claim that Erdoğan will meet with Central Bank Governor Erkan
Categories Economy HIGHLIGHTS Politics UPDATE: Turkish Parliament Set to Vote on Sweden’s NATO Bid This Week Güldem AtabayPosted on22 January, 202423 January, 2024 As reported by Bloomberg, the Turkish parliament is poised to vote on Sweden’s potential entry … Continue ReadingUPDATE: Turkish Parliament Set to Vote on Sweden’s NATO Bid This Week
Categories Economy HIGHLIGHTS Politics Erdoğan will meet with Hafize Gaye Erkan on Tuesday: Three options discussed Güldem AtabayPosted on22 January, 2024 President Recep Tayyip Erdoğan will hold a meeting with Central Bank Governor Hafize Gaye Erkan. … Continue ReadingErdoğan will meet with Hafize Gaye Erkan on Tuesday: Three options discussed
Categories Economy HIGHLIGHTS Agricultural input inflation has been rising for 50 months in a row keeping food price inflation elevated Editor P.A.Posted on22 January, 2024 Agriculture-PPI increased by 1.44 percent on a monthly basis and 38.82 percent on an annual … Continue ReadingAgricultural input inflation has been rising for 50 months in a row keeping food price inflation elevated
Categories Economy HIGHLIGHTS Politics Turkey’s central bank run by the Governor’s father? Güldem AtabayPosted on18 January, 202419 January, 2024 Central Bank employee Büşra Bozkurt filed a complaint to CİMER stating that she was fired … Continue ReadingTurkey’s central bank run by the Governor’s father?
Categories Economy HIGHLIGHTS Turkey is actively pursuing investment from the Gulf region for its infrastructure megaprojects Editor P.A.Posted on17 January, 2024 Turkey is actively seeking foreign partners for its infrastructure megaprojects, which President Recep Tayyip Erdogan … Continue ReadingTurkey is actively pursuing investment from the Gulf region for its infrastructure megaprojects
Categories Economy HIGHLIGHTS The annual cost of personal loans in Turkey has reached up to 200 percent Güldem AtabayPosted on17 January, 2024 The monthly general purpose loan interest rate in the banking sector varies between 3.37-7.32 percent, … Continue ReadingThe annual cost of personal loans in Turkey has reached up to 200 percent
Categories Economy HIGHLIGHTS Politics Money transfers from Russia come to a standstill Güldem AtabayPosted on16 January, 2024 Collection problems are growing in the increasing trade between Turkey and Russia after the Ukraine … Continue ReadingMoney transfers from Russia come to a standstill
Categories Economy Finance HIGHLIGHTS Fatih Ozatay: Cash and central government budget deficits: Why are they so different? Güldem AtabayPosted on16 January, 2024 December budget deficit was announced yesterday. The deficit was realized as 843 billion TRY in … Continue ReadingFatih Ozatay: Cash and central government budget deficits: Why are they so different?
Categories Business Economy HIGHLIGHTS BBVA Türkiye analysis: Gradual rebalancing in the economy Atilla YeşiladaPosted on16 January, 2024 Industrial production (IP) fell by 1.4% m/m in seas. and cal. adj. series, while increasing … Continue ReadingBBVA Türkiye analysis: Gradual rebalancing in the economy
Categories Economy General HIGHLIGHTS Politics Tim Ash: Turkey Q&A Atilla YeşiladaPosted on15 January, 2024 Q? Is Simsek here to stay? Answer – Yes, and knowing what the hidden question … Continue ReadingTim Ash: Turkey Q&A
Categories Economy HIGHLIGHTS Turkey’s Central Bank Governor announces from NY to investors that tightening cycle is near end Güldem AtabayPosted on12 January, 2024 Speaking at an investor meeting at JPMorgan Chase & Co.’s headquarters in New York, Turkey’s central … Continue ReadingTurkey’s Central Bank Governor announces from NY to investors that tightening cycle is near end
Categories Economy HIGHLIGHTS Turkish Treasury runs $26.8B cash deficit in 2023 Atilla YeşiladaPosted on10 January, 2024 The Turkish Treasury’s cash balance saw a deficit of 625.5 billion Turkish liras ($26.8 billion) … Continue ReadingTurkish Treasury runs $26.8B cash deficit in 2023
Categories Business Economy HIGHLIGHTS ECONOMY BRIEF: November payroll, industrial production data point to contraction in economic activity Atilla YeşiladaPosted on10 January, 2024 According to official stats agency Turkstat data, the unemployment rate increased by 0.4 points in … Continue ReadingECONOMY BRIEF: November payroll, industrial production data point to contraction in economic activity
Categories Economy HIGHLIGHTS Politics A knife-edge election awaits Istanbul again Editor P.A.Posted on9 January, 2024 In the race between former Environment and Urbanization Minister Murat Kurum and Istanbul Metropolitan Municipality … Continue ReadingA knife-edge election awaits Istanbul again
Categories Economy Finance HIGHLIGHTS ING: 2023 budget outperforms targets, market keyed on ratings upgrade Atilla YeşiladaPosted on9 January, 2024 12M rolling deficit below the MTP target in November November budget results showed a decline … Continue ReadingING: 2023 budget outperforms targets, market keyed on ratings upgrade
Categories Economy Finance General HIGHLIGHTS Turkish central bank nears the end of its tightening cycle yet the deposit yields slide Editor P.A.Posted on9 January, 2024 TL deposit interest rates, which exceeded 50 percent in the last month of the year … Continue ReadingTurkish central bank nears the end of its tightening cycle yet the deposit yields slide
Categories Business Economy HIGHLIGHTS COLUMN: Turkey faces dire challenges in manufacturing, exports Atilla YeşiladaPosted on7 January, 2024 December PMI data revealed that Türkiye’s manufacturing activity has been contracting for the sixth month. … Continue ReadingCOLUMN: Turkey faces dire challenges in manufacturing, exports
Categories Economy General HIGHLIGHTS Yağız Kutay Isik: “Are Turkish Football Clubs Going to Be Sold?” Güldem AtabayPosted on5 January, 20247 January, 2024 The scandal in Saudi Arabia has been debated by the public since Thursday. True patriots … Continue ReadingYağız Kutay Isik: “Are Turkish Football Clubs Going to Be Sold?”
