Categories Economy Finance HIGHLIGHTS CBRT/Gaye Erkan: monetary tightening to last until significant improvement in inflation outlook – 3 Atilla YeşiladaPosted on2 November, 2023 This is the final part of our coverage of CBRT’s quarterly inflation report. After a … Continue ReadingCBRT/Gaye Erkan: monetary tightening to last until significant improvement in inflation outlook – 3
Categories Economy Finance HIGHLIGHTS CBRT/Gaye Erkan: Medium-term projections-2 Atilla YeşiladaPosted on2 November, 2023 This is the second installment of our coverage of TURKEY’s third inflation report of the … Continue ReadingCBRT/Gaye Erkan: Medium-term projections-2
Categories Economy Finance HIGHLIGHTS Highlights from Gaye Erkan’s Inflation Report presentation—1 Atilla YeşiladaPosted on2 November, 2023 Now, I would like to elaborate on the monetary policy strategy we are implementing in … Continue ReadingHighlights from Gaye Erkan’s Inflation Report presentation—1
Categories Economy HIGHLIGHTS Politics Turkey to privatize highways, bridges, and hydroelectric power plants to reduce current account deficit Güldem AtabayPosted on1 November, 2023 Turkey’s Finance Minister Mehmet Simşek unveiled plans for the privatization of infrastructure projects such as … Continue ReadingTurkey to privatize highways, bridges, and hydroelectric power plants to reduce current account deficit
Categories Economy HIGHLIGHTS The slowdown in Turkey’s industrial sector is accelerating Güldem AtabayPosted on1 November, 2023 According to the Istanbul Chamber of Industry (ISO) Manufacturing Purchasing Managers’ Index (PMI) for October … Continue ReadingThe slowdown in Turkey’s industrial sector is accelerating
Categories Economy General HIGHLIGHTS Istanbul inflation below 4 percent in October, but the annual rate is still very high Güldem AtabayPosted on1 November, 2023 According to Istanbul Chamber of Commerce (İTO) data, the retail price increase, which was at … Continue ReadingIstanbul inflation below 4 percent in October, but the annual rate is still very high
Categories Economy HIGHLIGHTS Turkey’s foreign trade deficit down by half in September Güldem AtabayPosted on1 November, 2023 Turkey’s foreign trade recorded a historic high trade deficit in the first 9 months. According … Continue ReadingTurkey’s foreign trade deficit down by half in September
Categories Economy Finance HIGHLIGHTS Further simplification steps from the Turkish Central Bank to ease the financial repressing of the previous economy team Güldem AtabayPosted on27 October, 2023 Turkish central bank has announced measures to simplify regulations, including the termination of some securities … Continue ReadingFurther simplification steps from the Turkish Central Bank to ease the financial repressing of the previous economy team
Categories Economy General HIGHLIGHTS Turkey’s central bank raises the policy rate for five consecutive months Güldem AtabayPosted on26 October, 2023 The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (MPC) increased interest … Continue ReadingTurkey’s central bank raises the policy rate for five consecutive months
Categories Economy HIGHLIGHTS Finance Minister Simsek statement that the return of foreign investments will take time adding to market jitters Güldem AtabayPosted on25 October, 2023 Turkey’s Minister of Finance and Treasury, Şimşek continued his meetings with foreign investors in the … Continue ReadingFinance Minister Simsek statement that the return of foreign investments will take time adding to market jitters
Categories Economy Finance HIGHLIGHTS Markets Central bank rate decision on Thursday keeps the bankers guessing Güldem AtabayPosted on25 October, 202325 October, 2023 The Turkish Central Bank (TCMB) is set to reveal its policy interest rate decision on … Continue ReadingCentral bank rate decision on Thursday keeps the bankers guessing
Categories Economy HIGHLIGHTS Politics Turkey-Israel energy collaboration plans halted on Gazze tensions Güldem AtabayPosted on25 October, 2023 Shortly after Turkish President Erdogan said, “Hamas is not a terrorist organization but a group … Continue ReadingTurkey-Israel energy collaboration plans halted on Gazze tensions
Categories Economy HIGHLIGHTS Politics Erdogan: Hamas are freedom fighters, not terrorists; cancels Israel trip Güldem AtabayPosted on25 October, 2023 Turkish President Tayyip Erdogan declared Hamas as ‘freedom fighters,’ and rejected that it is a … Continue ReadingErdogan: Hamas are freedom fighters, not terrorists; cancels Israel trip
Categories Economy General HIGHLIGHTS Tim Ash: Marrakesh – the Turks were the talk of the town Atilla YeşiladaPosted on24 October, 2023 The new Turkish economy team were the talk of the town/star performers at the IMF … Continue ReadingTim Ash: Marrakesh – the Turks were the talk of the town
Categories Economy Markets Goldman Sachs: Turkey — Back in the Game Atilla YeşiladaPosted on22 October, 2023 Turkey — FX carry is back … After a long period of unorthodox policy, escalating … Continue ReadingGoldman Sachs: Turkey — Back in the Game
Categories Economy HIGHLIGHTS Politics Turkey’s Foreign Minister Fidan: The Customs Union dispute with the EU is not political but technical in nature Güldem AtabayPosted on18 October, 2023 Foreign Minister Hakan Fidan, during a chat session with Ankara correspondents from various newspapers, addressed … Continue ReadingTurkey’s Foreign Minister Fidan: The Customs Union dispute with the EU is not political but technical in nature
Categories Economy HIGHLIGHTS Turkish residential property prices ease on yearly basis yet still very high Güldem AtabayPosted on17 October, 2023 Turkey’s residential property price index (RPPI) measuring the quality-adjusted price changes of homes increased by … Continue ReadingTurkish residential property prices ease on yearly basis yet still very high
Categories Economy General HIGHLIGHTS Turkish home sales sees the sharpest decline in two years amidst rising nominal yeilds Güldem AtabayPosted on16 October, 2023 The Turkish Statistical Institute (TUIK) has unveiled its housing sales data for September, showing a … Continue ReadingTurkish home sales sees the sharpest decline in two years amidst rising nominal yeilds
Categories Economy HIGHLIGHTS Turkish budget back to large deficits as of September Güldem AtabayPosted on16 October, 202316 October, 2023 In September, Turkey’s budget suffered its largest monthly deficit of the year at 129.2 billion … Continue ReadingTurkish budget back to large deficits as of September
Categories Economy General HIGHLIGHTS Politics Biden: Turkey’s actions in Syria undermine fight against ISIS, endangers civilians Güldem AtabayPosted on13 October, 2023 US President Joe Biden has extended the national emergency declared in 2019, saying Turkey’s military … Continue ReadingBiden: Turkey’s actions in Syria undermine fight against ISIS, endangers civilians
