Categories Economy HIGHLIGHTS S&P revised Turkey’s outlook to positive from stable Güldem AtabayPosted on1 December, 2023 International credit rating agency Standard & Poor’s (S&P) has reaffirmed Turkey’s credit rating as “B” … Continue ReadingS&P revised Turkey’s outlook to positive from stable
Categories Economy HIGHLIGHTS Istanbul monthly inflation at 3.79 percent in November Güldem AtabayPosted on1 December, 2023 In November 2023 the Istanbul Cost of Living Index, which is an indicator of retail … Continue ReadingIstanbul monthly inflation at 3.79 percent in November
Categories Economy HIGHLIGHTS ANALYSIS: GDP growth was 5.9% in 3Q despite a slowdown in sequential growth Atilla YeşiladaPosted on30 November, 2023 Anemic QoQ growth in 3Q GDP growth turned out to be 5.9% YoY in 3Q23, … Continue ReadingANALYSIS: GDP growth was 5.9% in 3Q despite a slowdown in sequential growth
Categories Economy Güldem Atabay HIGHLIGHTS Guldem Atabay: Turkey continued to experience strong growth driven by domestic demand 3Q23: Slowdown to follow in 2024 Güldem AtabayPosted on30 November, 202330 November, 2023 As per the data provided by the Turkish Statistical Institute (TÜİK), the Turkish economy grew … Continue ReadingGuldem Atabay: Turkey continued to experience strong growth driven by domestic demand 3Q23: Slowdown to follow in 2024
Categories Economy HIGHLIGHTS OECD has raised its growth forecast for Turkey Güldem AtabayPosted on29 November, 2023 The Organisation for Economic Co-operation and Development (OECD) has raised its growth expectations for the … Continue ReadingOECD has raised its growth forecast for Turkey
Categories Economy HIGHLIGHTS S&P Global revised its growth forecasts for the Turkish economy in 2023 and 2024 Güldem AtabayPosted on29 November, 2023 S&P Global has revised its growth forecasts for the Turkish economy in 2023 and 2024, … Continue ReadingS&P Global revised its growth forecasts for the Turkish economy in 2023 and 2024
Categories Economy HIGHLIGHTS Turkey’s central bank Governor: Time has come to switch back to Turkish lira Güldem AtabayPosted on29 November, 2023 Central Bank of Turkey Governor Hafize Gaye Erkan stated, “We believe the time has come … Continue ReadingTurkey’s central bank Governor: Time has come to switch back to Turkish lira
Categories Economy HIGHLIGHTS Turkish economy likely expanded by up to 5.6% in Q3: Surveys Atilla YeşiladaPosted on28 November, 2023 Solid domestic demand and consumption are estimated to have helped Türkiye’s economy register a growth … Continue ReadingTurkish economy likely expanded by up to 5.6% in Q3: Surveys
Categories Atilla Yeşilada Economy HIGHLIGHTS Atilla Yesilada: The price of suppressing inflation has always been recession Atilla YeşiladaPosted on28 November, 2023 Our economy has three giant problems, and a national priority that we can never give … Continue ReadingAtilla Yesilada: The price of suppressing inflation has always been recession
Categories Economy HIGHLIGHTS Exclusive: European fund giant Amundi dipping toe back into Turkey’s lira Güldem AtabayPosted on28 November, 2023 Amundi, Europe’s largest asset manager, has started dipping its toe back into the Turkish lira … Continue ReadingExclusive: European fund giant Amundi dipping toe back into Turkey’s lira
Categories Economy HIGHLIGHTS Turkey to unveil tax incentives to boost foreign currency inflows Güldem AtabayPosted on22 November, 2023 Finance Minister Mehmet Şimşek has announced a new incentive regulation aimed at encouraging foreign currency … Continue ReadingTurkey to unveil tax incentives to boost foreign currency inflows
Categories Economy HIGHLIGHTS Erdoğan declared that the period of appreciation for the Turkish Lira has begun Güldem AtabayPosted on22 November, 2023 Turkish President Erdoğan stated that the period of the Turkish Lira losing value in real … Continue ReadingErdoğan declared that the period of appreciation for the Turkish Lira has begun
Categories Economy HIGHLIGHTS Morgan Stanley on Turkey 2024: A Gradual Rebalancing Atilla YeşiladaPosted on18 November, 2023 Prelude Turkey’s shift towards a more conventional macro policy framework post-elections has involved significant … Continue ReadingMorgan Stanley on Turkey 2024: A Gradual Rebalancing
Categories Atilla Yeşilada Economy HIGHLIGHTS Video Commentary: Turkish economy too hot for comfort Atilla YeşiladaPosted on18 November, 2023 Real Turkey Channel frontperson Atilla Yesilada updates viewers on how the post-election economic recovery … Continue ReadingVideo Commentary: Turkish economy too hot for comfort
Categories Economy HIGHLIGHTS CBRT Expectations Survey: Participants predict lower inflation, stronger TL, policy easing in 2024 Atilla YeşiladaPosted on17 November, 2023 According to the Market Participants Survey published monthly by Central Bank of Turkey (CBRT), year-end … Continue ReadingCBRT Expectations Survey: Participants predict lower inflation, stronger TL, policy easing in 2024
Categories Economy HIGHLIGHTS ANALYSIS: October budget deficit tame, for the wrong reasons Atilla YeşiladaPosted on17 November, 2023 Gedik Invest chief economist Mr Serkan Gonencler shared his analysis of budget trends with PA … Continue ReadingANALYSIS: October budget deficit tame, for the wrong reasons
Categories Economy HIGHLIGHTS ANALYSIS: September current account in surplus, but what about the winter? Atilla YeşiladaPosted on14 November, 2023 There was a swift decline in 12-month rolling C/A deficit in September… In September, there … Continue ReadingANALYSIS: September current account in surplus, but what about the winter?
Categories Economy HIGHLIGHTS ING Think: Turkish economy slowing, fiscal spend to increase in 4Q2023 Atilla YeşiladaPosted on9 November, 2023 Recent growth indicators confirm slowdown in activity The contraction in August industrial production and the … Continue ReadingING Think: Turkish economy slowing, fiscal spend to increase in 4Q2023
Categories Economy HYPED Turkish Economist: Middle East crisis could derail the economy Atilla YeşiladaPosted on6 November, 2023 The chaos in the Middle East prevails as the İsrael-Palestinian conflict has merged into a … Continue ReadingTurkish Economist: Middle East crisis could derail the economy
Categories Economy HIGHLIGHTS ANALYSIS: Turkish inflation treads water in October, outlook still grim Atilla YeşiladaPosted on3 November, 2023 With a better-than-expected monthly inflation rate coming in at 3.4%, Turkey’s annual figure remained broadly … Continue ReadingANALYSIS: Turkish inflation treads water in October, outlook still grim
