Categories Economy HIGHLIGHTS Hande Firat: Economy as a cup half full and half empty Atilla YeşiladaPosted on15 August, 2023 Editor’s Note: Hande Firat is very close to Erdogan and is one of the few … Continue ReadingHande Firat: Economy as a cup half full and half empty
Categories Economy HIGHLIGHTS Murat Kubilay: The successes and failures of Turkey’s new economic team Güldem AtabayPosted on15 August, 2023 It has been two months since Turkey’s new economic team took over and some progress has been … Continue ReadingMurat Kubilay: The successes and failures of Turkey’s new economic team
Categories Economy Finance HIGHLIGHTS Investment bank projects rising Central Bank reserves Atilla YeşiladaPosted on14 August, 202314 August, 2023 Barclays, one of the leading investment banks in England, projected in its emerging markets research … Continue ReadingInvestment bank projects rising Central Bank reserves
Categories Economy HYPED Turkey’s External Deficit, Inflation Need To Be Tackled….ASAP Atilla YeşiladaPosted on14 August, 2023 Türkiye’s chronic current account deficit is one of the most challenging issues that the government’s … Continue ReadingTurkey’s External Deficit, Inflation Need To Be Tackled….ASAP
Categories Economy HIGHLIGHTS Current account deficits projected to decline in autumn Atilla YeşiladaPosted on14 August, 2023 Improvement in C/A balance in June… In June, there was a C/A surplus of USD674 … Continue ReadingCurrent account deficits projected to decline in autumn
Categories Atilla Yeşilada Economy HIGHLIGHTS Turkey’s external deficit threatens TL meltdown Atilla YeşiladaPosted on10 August, 2023 Turkey’s external deficit threatens TL meltdown • Thanks to the new economy team of Cevdet … Continue ReadingTurkey’s external deficit threatens TL meltdown
Categories Economy HIGHLIGHTS Moody’s May Upgrade Turkey If Market-Friendly Policies Continue Güldem AtabayPosted on10 August, 2023 Moody’s Investors Service said Turkey’s credit rating could be upgraded if orthodox policies introduced since … Continue ReadingMoody’s May Upgrade Turkey If Market-Friendly Policies Continue
Categories Economy HIGHLIGHTS Insider: Minister Şimşek said, “Inflation doesn’t decrease through easy ways, it requires 2.5-3 years” Güldem AtabayPosted on9 August, 20239 August, 2023 At the “Economy and Consultation Meeting” attended by business representatives and seven ministers close to … Continue ReadingInsider: Minister Şimşek said, “Inflation doesn’t decrease through easy ways, it requires 2.5-3 years”
Categories Economy HIGHLIGHTS Turkey’s manufacturing exports at stagnation point Güldem AtabayPosted on8 August, 2023 The July data indicated that demand conditions for Turkish manufacturing industry exporters were approaching stagnation. … Continue ReadingTurkey’s manufacturing exports at stagnation point
Categories Economy Güldem Atabay HIGHLIGHTS Guldem Atabay commentary: Base effect in inflation is over, tax hikes and depreciation signal a new leg up Atilla YeşiladaPosted on3 August, 2023 The highly anticipated July CPI inflation was reported at 9.49% according to TUIK; and 13.2% … Continue ReadingGuldem Atabay commentary: Base effect in inflation is over, tax hikes and depreciation signal a new leg up
Categories Economy HIGHLIGHTS Turkish cenbank governor, finmin to attend JP Morgan investor meeting on Friday Güldem AtabayPosted on3 August, 2023 Turkish Central Bank Governor Hafize Gaye Erkan and Finance Minister Mehmet Simsek will attend a … Continue ReadingTurkish cenbank governor, finmin to attend JP Morgan investor meeting on Friday
Categories Economy HIGHLIGHTS Turkey’s foreign trade deficit surpassed 73 billion dollars in 7 months! Güldem AtabayPosted on3 August, 2023 In July, Turkey’s foreign trade deficit increased by 15.7% to reach 12.4 billion dollars. As … Continue ReadingTurkey’s foreign trade deficit surpassed 73 billion dollars in 7 months!
Categories Economy HIGHLIGHTS Turkish inflation has risen to the highest level since January 2022 Güldem AtabayPosted on3 August, 2023 Following the release of the inflation data, market attention shifted to exchange rates and gold … Continue ReadingTurkish inflation has risen to the highest level since January 2022
Categories Atilla Yeşilada Economy HIGHLIGHTS TURKEY/Real Turkey Channel: Can Gaye Erkan Stop Soaring Inflation? Atilla YeşiladaPosted on2 August, 2023 Turkey’s rookie Central Bank governor Gaye Erkan is getting good reviews in the international press. … Continue ReadingTURKEY/Real Turkey Channel: Can Gaye Erkan Stop Soaring Inflation?
Categories Economy HIGHLIGHTS Turkiye annual inflation to rebound to 47.3% after tax hikes, lira decline Güldem AtabayPosted on2 August, 2023 Turkiye’s monthly inflation is seen at 9.1 per cent in July due to various tax … Continue ReadingTurkiye annual inflation to rebound to 47.3% after tax hikes, lira decline
Categories Economy HIGHLIGHTS Inflation hurts: Headline PMI posts 49.9 in July Güldem AtabayPosted on1 August, 2023 Business conditions were broadly stable in the Turkish manufacturing sector during July as recent sequences … Continue ReadingInflation hurts: Headline PMI posts 49.9 in July
Categories Economy HIGHLIGHTS Inflation soars in Istanbul, hitting nearly 64% annually Güldem AtabayPosted on1 August, 2023 Prices for health, household goods, education, entertainment, transport, communication, housing, and food rose significantly compared … Continue ReadingInflation soars in Istanbul, hitting nearly 64% annually
Categories Economy HIGHLIGHTS TURKISH ECONOMY SHORTS: Debt, consumer confidence, Eurobond rally Atilla YeşiladaPosted on31 July, 202331 July, 2023 Stratfor– Turkey Wavers Under the Weight of its Debt Load Turkey’s economy has wavered … Continue ReadingTURKISH ECONOMY SHORTS: Debt, consumer confidence, Eurobond rally
Categories Economy General HIGHLIGHTS Wage hikes instantly eroded by inflation, as poverty set to increase Atilla YeşiladaPosted on31 July, 2023 Turkey’s poverty threshold for a family of four rose to 37,974 liras in July, data … Continue ReadingWage hikes instantly eroded by inflation, as poverty set to increase
Categories Business Economy HIGHLIGHTS Economy czar Simsek: Rational policies bearing fruit Atilla YeşiladaPosted on30 July, 2023 “We are pleased to see an increase in investors’ interest in Turkish assets,” said Mehmet … Continue ReadingEconomy czar Simsek: Rational policies bearing fruit
