Categories Atilla Yeşilada Columnists Economy HIGHLIGHTS Three Scourges of Turkish Economy: Unemployment, Inflation, and External Deficit Atilla YeşiladaPosted on30 March, 2022 Three Scourges of Turkish Economy: Unemployment, Inflation, and External Deficit After a stellar year … Continue ReadingThree Scourges of Turkish Economy: Unemployment, Inflation, and External Deficit
Categories Economy HIGHLIGHTS Politics Turkey faces risks acting as sanctions ‘safe haven’ for Russians Güldem AtabayPosted on29 March, 2022 Since Russia’s invasion of Ukraine sparked a flurry of Western sanctions on Moscow, at least … Continue ReadingTurkey faces risks acting as sanctions ‘safe haven’ for Russians
Categories Economy General HIGHLIGHTS CBRT foresees single digit inflation despite concerns Cem CetingucPosted on24 March, 2022 Although some concerns persist, Turkey’s central bank does not expect inertia in inflation and sees … Continue ReadingCBRT foresees single digit inflation despite concerns
Categories Economy HIGHLIGHTS Politics FT: Abramovich’s yachts sail into Turkish squall over sanctions Güldem AtabayPosted on24 March, 202224 March, 2022 Arrival of vessels sparks western concern that Ankara will let oligarchs avoid crackdown At a … Continue ReadingFT: Abramovich’s yachts sail into Turkish squall over sanctions
Categories Economy HIGHLIGHTS Amberin Zaman: Will Turkey become haven for sanctioned Russians? Güldem AtabayPosted on23 March, 2022 The docking of two superyachts belonging to a sanctioned Russian-Israeli oligarch at a resort in … Continue ReadingAmberin Zaman: Will Turkey become haven for sanctioned Russians?
Categories Economy Finance General HIGHLIGHTS Macro Snapshot: Consumer Confidence Index Cem CetingucPosted on23 March, 2022 CCI increased by 1.9% to 72.5 in March (February: 71.2, -2.8% MoM). Despite there was … Continue ReadingMacro Snapshot: Consumer Confidence Index
Categories Business Economy General HIGHLIGHTS As Turkey’s economy reels, speculative traders and well-off insiders see opportunity to profit Cem CetingucPosted on23 March, 2022 As most of the Turkish public saw their savings and purchasing power melt away, 40-year-old … Continue ReadingAs Turkey’s economy reels, speculative traders and well-off insiders see opportunity to profit
Categories Economy General HIGHLIGHTS Politics 70 percent of AKP voters think Turkey’s economy is got worse Cem CetingucPosted on23 March, 2022 A new survey by the Aksoy Research company has found that an overwhelming majority of … Continue Reading70 percent of AKP voters think Turkey’s economy is got worse
Categories Economy HIGHLIGHTS World Bank: Challenges Weigh on Outlook for Turkish Economy in 2022 Atilla YeşiladaPosted on23 March, 2022 Turkey’s economy is likely to expand at a much slower pace this year as rising … Continue ReadingWorld Bank: Challenges Weigh on Outlook for Turkish Economy in 2022
Categories Economy HIGHLIGHTS Turkey Warns Banks Not to Lend to Firms Trading Liras Offshore Güldem AtabayPosted on22 March, 202222 March, 2022 Turkey’s banking regulator warned lenders not to provide lira liquidity to companies looking to speculate … Continue ReadingTurkey Warns Banks Not to Lend to Firms Trading Liras Offshore
Categories Economy HIGHLIGHTS Junk-Rated Turkey, Nigeria Defy Market Chaos With Debt Sales Güldem AtabayPosted on18 March, 2022 Two junk-rated developing nations sold dollar bonds just as the Federal Reserve started raising interest rates, shrugging … Continue ReadingJunk-Rated Turkey, Nigeria Defy Market Chaos With Debt Sales
Categories Economy Finance HIGHLIGHTS Turkey Central Bank, sorry, Erdogan leaves policy rate unchanged, currency under pressure again Atilla YeşiladaPosted on17 March, 2022 The Central Bank of the Republic of Turkey has decided to hold interest rates at … Continue ReadingTurkey Central Bank, sorry, Erdogan leaves policy rate unchanged, currency under pressure again
Categories Economy HIGHLIGHTS Dr Murat Ucer: Turkish Inflation and the Five Stages of Grief Atilla YeşiladaPosted on16 March, 2022 One of the unwelcome consequences of the stronger than expected post-Covid recovery of the global … Continue ReadingDr Murat Ucer: Turkish Inflation and the Five Stages of Grief
Categories Economy Finance General HIGHLIGHTS Y.F. Macro Focus: CBRT’s advance dividend and reserve funds supported budget Cem CetingucPosted on15 March, 2022 In February, budget gave a surplus of TRY69.7bn (Feb.21: TRY-23.2bn, Jan.22: TRY+30bn). Despite, there was no … Continue ReadingY.F. Macro Focus: CBRT’s advance dividend and reserve funds supported budget
Categories Economy HIGHLIGHTS Turkey’s annual producer inflation in agriculture tops 68 percent Güldem AtabayPosted on15 March, 2022 The Turkish Statistical Institute (TurkStat), the agency responsible for producing official statistics on Turkey, has shared the … Continue ReadingTurkey’s annual producer inflation in agriculture tops 68 percent
Categories Economy HIGHLIGHTS Politics 11 mn people in Turkey qualify for state financial aid up from 4.4 mn in 2020 Güldem AtabayPosted on15 March, 2022 11.37 million people in Turkey, or over 13% of the country’s population, received state financial … Continue Reading11 mn people in Turkey qualify for state financial aid up from 4.4 mn in 2020
Categories Economy HIGHLIGHTS Central Bank of Turkey to stay put in Thursday’s MPC, but rumors suggest rate hike Atilla YeşiladaPosted on15 March, 2022 Turkey’s central bank is expected to hold its policy rate at 14% this week, a … Continue ReadingCentral Bank of Turkey to stay put in Thursday’s MPC, but rumors suggest rate hike
Categories Economy HIGHLIGHTS Treasury reports surplus in February, but how? Atilla YeşiladaPosted on15 March, 2022 Turkey’s government reported a budget surplus for a second consecutive month in February after the … Continue ReadingTreasury reports surplus in February, but how?
Categories Economy HIGHLIGHTS Current account deficit on the rise in Turkey Atilla YeşiladaPosted on12 March, 2022 January balance of payments data published by Central Bank of Turkey suggests that rising energy … Continue ReadingCurrent account deficit on the rise in Turkey
Categories Economy General HIGHLIGHTS Let’s talk macroeconomics—Real Turkey Channel Special Atilla YeşiladaPosted on12 March, 2022 In a special edition of Real Turkey Channel, ParaAnaliz columnist Kaya Özyürek interviews Alfonso … Continue ReadingLet’s talk macroeconomics—Real Turkey Channel Special