Categories Economy General HIGHLIGHTS HYPED Turkish parents struggle with school shopping due to inflation Cem CetingucPosted on12 September, 2022 Many Turkish parents in Turkey, already on a shoestring budget due to the rising inflation, … Continue ReadingTurkish parents struggle with school shopping due to inflation
Categories Atilla Yeşilada Economy Emerging Markets HIGHLIGHTS How Fed monetary policy hurts Turkey (and most Emerging Markets) Atilla YeşiladaPosted on11 September, 2022 Fed’s rate hikes could prove toxic for Turkish economy and EM at large … Read More >How Fed monetary policy hurts Turkey (and most Emerging Markets)
Categories Economy General HIGHLIGHTS SETA Report: War in Ukraine Affects the Global Economy and Turkey Atilla YeşiladaPosted on10 September, 2022 The view of Ukraine War from Turkish think-tank … Read More >SETA Report: War in Ukraine Affects the Global Economy and Turkey
Categories Economy General HIGHLIGHTS HYPED Politics AKP plans to decrease inflation to 50 percent before elections Cem CetingucPosted on9 September, 2022 The number one topic in the agenda of the Justice and Development Party (AKP) is … Continue ReadingAKP plans to decrease inflation to 50 percent before elections
Categories Economy HIGHLIGHTS Turkish Inflation Calculations Clash After State Data Overhaul Güldem AtabayPosted on8 September, 2022 Multi-decade high levels of inflation afflicting Turkey are turning into a two-track crisis that depends … Continue ReadingTurkish Inflation Calculations Clash After State Data Overhaul
Categories Economy General HIGHLIGHTS HYPED Inflation Diaries: Staples are now a luxury in Turkey Cem CetingucPosted on8 September, 20228 September, 2022 As stories about soaring inflation and a feared upcoming recession dominate headlines worldwide, Turkey finds … Continue ReadingInflation Diaries: Staples are now a luxury in Turkey
Categories Economy HIGHLIGHTS Turkey Plans New Loan Stimulus to Spur Growth Before Vote Güldem AtabayPosted on6 September, 2022 Turkey is priming a new round of cheap loans for businesses through a government-backed program, … Continue ReadingTurkey Plans New Loan Stimulus to Spur Growth Before Vote
Categories Economy General HIGHLIGHTS HYPED Turkish economy faces uncertainty despite economic growth: economists Cem CetingucPosted on6 September, 20226 September, 2022 Turkey’s economy has achieved robust growth amid rising inflation in the first months of this … Continue ReadingTurkish economy faces uncertainty despite economic growth: economists
Categories Economy HIGHLIGHTS HYPED Politics Report: Turkey is on the verge of bankrupcy Cem CetingucPosted on6 September, 2022 Turkey’s economy is on the verge of bankruptcy, according to a report submitted by economic … Continue ReadingReport: Turkey is on the verge of bankrupcy
Categories Economy General HIGHLIGHTS HYPED Turkey’s inflation breaks new record in August Cem CetingucPosted on5 September, 2022 Turkey’s annual inflation climbed to a fresh 24-year high of 80.21% in August, a bit … Continue ReadingTurkey’s inflation breaks new record in August
Categories Economy HIGHLIGHTS Turkey Raises Inflation Estimates, Sees Record Trade Deficit Güldem AtabayPosted on4 September, 2022 Turkey raised the country’s full-year inflation forecast to 65%, a sign that soaring prices will … Continue ReadingTurkey Raises Inflation Estimates, Sees Record Trade Deficit
Categories Economy HIGHLIGHTS Markets Runaway trade deficit jeopardizes currency stability Atilla YeşiladaPosted on3 September, 2022 Turkey’s trade deficit jumped 161.8% year-on-year in August to $11.277 billion, the Trade Ministry said … Continue ReadingRunaway trade deficit jeopardizes currency stability
Categories Economy Finance HIGHLIGHTS Danske Bank: USD/TRY could move towards 25 in 12M Atilla YeşiladaPosted on3 September, 2022 TL forecast … Read More >Danske Bank: USD/TRY could move towards 25 in 12M
Categories Economy General HIGHLIGHTS HYPED Markets UN world food price index fell for the fifth month in a row Cem CetingucPosted on2 September, 2022 The United Nations food agency’s world price index fell for the fifth month in a … Continue ReadingUN world food price index fell for the fifth month in a row
Categories Cüneyt Akman Economy HIGHLIGHTS ANALSIS: Q2 GDP and beyond: The best is behind us Atilla YeşiladaPosted on1 September, 2022 Turkish Economy recorded 7.6% of YoY economic growth in Q2. The figure was slightly above … Continue ReadingANALSIS: Q2 GDP and beyond: The best is behind us
Categories Economy General HIGHLIGHTS Politics President Erdogan: 21st century will be the century of Turkey Cem CetingucPosted on30 August, 2022 Turkey still presently has problems in the economy, but this is a global phenomenon, Erdoğan … Continue ReadingPresident Erdogan: 21st century will be the century of Turkey
Categories Economy Finance General HIGHLIGHTS HYPED Turkish government plans to cancel debts of 6 million citizens Cem CetingucPosted on26 August, 2022 Debts of some 6 million people, including those to utilities and phone companies, amounting to … Continue ReadingTurkish government plans to cancel debts of 6 million citizens
Categories Company & Industry Economy Emerging Markets General HIGHLIGHTS So far so good: 1.4 M Bulgarians visited Turkey in 2020 Cem CetingucPosted on25 August, 2022 About 1.4 million Bulgarians visited Turkey in January-July, according to data from the country’s Ministry of Culture and Tourism, … Continue ReadingSo far so good: 1.4 M Bulgarians visited Turkey in 2020
Categories Economy General HIGHLIGHTS HYPED Politics Turkey on scope: Soaring inflation, Rent & Refugees Cem CetingucPosted on25 August, 2022 Accommodation or the right to adequate housing, as a human right, is an integral part … Continue ReadingTurkey on scope: Soaring inflation, Rent & Refugees
Categories Economy HIGHLIGHTS Mustafa Sonmez: Turkey’s ‘covert’ interest payments on course to exceed regular ones Güldem AtabayPosted on24 August, 2022 The compensations — or “covert” interest — that Ankara pays to depositors under a scheme to curb … Continue ReadingMustafa Sonmez: Turkey’s ‘covert’ interest payments on course to exceed regular ones