Categories Economy Finance HIGHLIGHTS A first from the Central Bank after 17 years: TL deposit purchase auction opened Güldem AtabayPosted on22 December, 2023 The Central Bank held a Turkish Lira deposit purchase auction for the first time since … Continue ReadingA first from the Central Bank after 17 years: TL deposit purchase auction opened
Categories Economy HIGHLIGHTS Politics Murat Yetkin: THY is buying the fleet from Airbus, the Eurofighter manufacturer Güldem AtabayPosted on20 December, 2023 On December 19, it was announced that Germany’s national airline Lufthansa had signed a $9 … Continue ReadingMurat Yetkin: THY is buying the fleet from Airbus, the Eurofighter manufacturer
Categories Business Economy Finance HIGHLIGHTS Türkiye report from Moody’s: Not yet ready for prime time Atilla YeşiladaPosted on19 December, 2023 International credit rating agency Moody’s published a ‘Credit Opinion’ report for Turkey. “Our credit view … Continue ReadingTürkiye report from Moody’s: Not yet ready for prime time
Categories Economy HIGHLIGHTS Turkey’s central bank chief urges business to see high rates strategy as pain worth bearing Güldem AtabayPosted on18 December, 2023 Turkey’s central bank governor Hafize Gaye Erkan has been busy in the past two weeks … Continue ReadingTurkey’s central bank chief urges business to see high rates strategy as pain worth bearing
Categories Economy HIGHLIGHTS In October, housing prices in Turkey increased by 86.5 percent on a yearly basis Güldem AtabayPosted on18 December, 2023 The Housing Price Index increased by 3.8 percent on a monthly basis in October. On … Continue ReadingIn October, housing prices in Turkey increased by 86.5 percent on a yearly basis
Categories Economy Finance HIGHLIGHTS Turkey’s central bank to meet foreign investors in NY on January 11 Güldem AtabayPosted on18 December, 2023 Turkish Central Bank (TCMB) will hold an investor day on January 11th at JPMorgan’s New … Continue ReadingTurkey’s central bank to meet foreign investors in NY on January 11
Categories Economy HIGHLIGHTS Scope on Turkey’s growth and inflation 2024 Güldem AtabayPosted on18 December, 2023 The German credit rating agency Scope Ratings predicts that Turkey will return to 3.3% growth … Continue ReadingScope on Turkey’s growth and inflation 2024
Categories Economy HIGHLIGHTS Simsek lists achievements of stability program, pleads for more time Atilla YeşiladaPosted on14 December, 2023 Talking to pro-AKP daily Hurriyet, Minister of Treasury and Finance Mehmet Şimşek stated that the … Continue ReadingSimsek lists achievements of stability program, pleads for more time
Categories Economy Finance HIGHLIGHTS Turkey’s current account posts a surplus of 186 million dollars in October Güldem AtabayPosted on11 December, 2023 Turkey’s October current account balance showed a surplus of 186 million dollars bringing down the … Continue ReadingTurkey’s current account posts a surplus of 186 million dollars in October
Categories Business Economy HIGHLIGHTS October industrial production: Sharp deceleration amidst sectoral diffusion Atilla YeşiladaPosted on11 December, 2023 The contraction in industrial production continued in October with visible sectoral differences. While seasonally adjusted … Continue ReadingOctober industrial production: Sharp deceleration amidst sectoral diffusion
Categories Atilla Yeşilada Economy Turkey’s budget nightmare Atilla YeşiladaPosted on9 December, 2023 Real Turkey Channel mostly covered cyclical developments in Turkey since May 2023 elections. As the … Continue ReadingTurkey’s budget nightmare
Categories Economy HIGHLIGHTS Simsek urges businesses to find export markets, as growth is forecast to slow down in 2024 with much higher loan rates Atilla YeşiladaPosted on9 December, 2023 After taking charge of the economy a second time after a nearly five-year break, Mehmet … Continue ReadingSimsek urges businesses to find export markets, as growth is forecast to slow down in 2024 with much higher loan rates
Categories Economy HIGHLIGHTS ING Turkey marco-outlook for 2024 Atilla YeşiladaPosted on8 December, 2023 Turkish GDP growth in 3Q turned out to be 5.9% year-on-year, better than market consensus, … Continue ReadingING Turkey marco-outlook for 2024
Categories Economy HIGHLIGHTS ANALYSIS: Turkish inflation enters downtrend in November data Atilla YeşiladaPosted on5 December, 2023 CPI inflation was 3.28% in November, well below market expectations, yet leading to a rise … Continue ReadingANALYSIS: Turkish inflation enters downtrend in November data
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 BNP Paribas/TURKEY: Disinflation without sacrificing growth in 2024 Atilla YeşiladaPosted on2 December, 20232 December, 2023 Turkey’s central bank (CBRT) has re-embraced orthodox monetary policy this year, increasing its policy rate … Continue ReadingBNP Paribas/TURKEY: Disinflation without sacrificing growth in 2024
Categories Economy HIGHLIGHTS ANALYSIS: Turkish growth outlook in 2024 leaves a lot to be desired Atilla YeşiladaPosted on1 December, 2023 The most important data expected this week was the national income data for the third … Continue ReadingANALYSIS: Turkish growth outlook in 2024 leaves a lot to be desired
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
