Categories Economy General HIGHLIGHTS Politics The winds of ‘change’ are blowing again in CHP: Imamoğlu and Kılıçdaroğlu cooperate, Özel seeks compromise Güldem AtabayPosted on27 August, 2024 Ekrem İmamoğlu’s message of ‘change’ has stirred the CHP’s backstage. While Imamoğlu and Kılıçdaroğlu are … Continue ReadingThe winds of ‘change’ are blowing again in CHP: Imamoğlu and Kılıçdaroğlu cooperate, Özel seeks compromise
Categories Economy HIGHLIGHTS CBRT: Household inflation expectations on the rise again as real sector trims its Güldem AtabayPosted on27 August, 2024 In August 2024, 12-month-ahead annual inflation expectations decreased by 1.3 points to 28.7 percent for … Continue ReadingCBRT: Household inflation expectations on the rise again as real sector trims its
Categories Economy Finance HIGHLIGHTS According to the Central Bank, there are two main reasons for the increase in foreign currency accounts Güldem AtabayPosted on22 August, 2024 According to the analysis published on the Central Bank’s blog page, the increase in FX … Continue ReadingAccording to the Central Bank, there are two main reasons for the increase in foreign currency accounts
Categories Economy HIGHLIGHTS Turkey: Only 22.8 million of the 65.9 million people who can work are in formal, full-time employment! Güldem AtabayPosted on19 August, 2024 Turkish Statistical Institute’s (TurkStat) Household Labor Force Survey (HLFS) for the 2nd quarter of 2024 … Continue ReadingTurkey: Only 22.8 million of the 65.9 million people who can work are in formal, full-time employment!
Categories Economy HIGHLIGHTS Turkey: Alarming increase in concordat declarations Güldem AtabayPosted on19 August, 2024 There is a serious increase in the number of companies declaring concordat in Turkey. The … Continue ReadingTurkey: Alarming increase in concordat declarations
Categories Economy HIGHLIGHTS Challenges to economic outlook mount despite Simsek’s efforts Cem CetingucPosted on19 August, 202419 August, 2024 The Turkish economy is currently grappling with significant inflation challenges, forcing adjustments from both authorities … Continue ReadingChallenges to economic outlook mount despite Simsek’s efforts
Categories Economy General HIGHLIGHTS Surge in internal migration as Istanbul faces significant population decline Cem CetingucPosted on19 August, 2024 Istanbul and Ankara saw the highest levels of both incoming and outgoing migration last year. … Continue ReadingSurge in internal migration as Istanbul faces significant population decline
Categories Economy HYPED ANAYSIS: July budget deficit is worse than meets the eye Atilla YeşiladaPosted on16 August, 2024 The central government budget posted a TL97bn deficit in July, while the 12-month rolling … Continue ReadingANAYSIS: July budget deficit is worse than meets the eye
Categories Economy HIGHLIGHTS ANALYSIS: Consumer confidence slips sharply in August, economic slow-down gains pace Atilla YeşiladaPosted on16 August, 2024 Turkey’s one and only private sector consumer confidence measures dropped for a second month in … Continue ReadingANALYSIS: Consumer confidence slips sharply in August, economic slow-down gains pace
Categories Economy HIGHLIGHTS Politics Turkey July budget details: Savings for disinflation; what savings? Güldem AtabayPosted on15 August, 2024 Turkey’s budget balance posted 96,8 billion liras deficit in July 2024 compared to 48,6 billion … Continue ReadingTurkey July budget details: Savings for disinflation; what savings?
Categories Economy HIGHLIGHTS Prof Ozatay: The latest data from Turkey paints a grim picture for both employment and production Güldem AtabayPosted on14 August, 202416 August, 2024 In my August 1 article, I explored the question, “Is the economy contracting?” Recent data … Continue ReadingProf Ozatay: The latest data from Turkey paints a grim picture for both employment and production
Categories Economy HIGHLIGHTS ANALYSIS: Balance of Payments data is “balanced” Atilla YeşiladaPosted on13 August, 2024 Overview of June Balance of Payments Data In June balance of payments data; we see … Continue ReadingANALYSIS: Balance of Payments data is “balanced”
Categories Economy HIGHLIGHTS Salaries in Turkey Are Approaching the Minimum Wage: Income Distribution in Danger Güldem AtabayPosted on12 August, 202412 August, 2024 A new study by Prof. Dr. Aykut Kibritçioğlu, an economist from the Turkish-German University, has … Continue ReadingSalaries in Turkey Are Approaching the Minimum Wage: Income Distribution in Danger
Categories Economy HIGHLIGHTS Strong spike in Turkey’s unemployment rate in June as the economy slows sharply Güldem AtabayPosted on12 August, 202412 August, 2024 Turkey’s seasonally adjusted unemployment rate spiked to 9.2% in June from 8.4% in May. The … Continue ReadingStrong spike in Turkey’s unemployment rate in June as the economy slows sharply
Categories Economy HIGHLIGHTS Turkey’s industrial production sharply contracts in June Güldem AtabayPosted on9 August, 20249 August, 2024 According to the Turkish Statistical Institute, industrial production contracted by 4.7 percent year-on-year in June. … Continue ReadingTurkey’s industrial production sharply contracts in June
Categories Economy HIGHLIGHTS Inflation Report ANALYSIS: CBRT maintains its end-2024 CPI inflation forecast at 38% Atilla YeşiladaPosted on8 August, 2024 CBRT kept its inflation forecasts unchanged in today’s third Inflation Report of the year. CBRT’s … Continue ReadingInflation Report ANALYSIS: CBRT maintains its end-2024 CPI inflation forecast at 38%
Categories Economy HIGHLIGHTS Fund managers anticipate sharp decline in Turkish inflation Cem CetingucPosted on8 August, 2024 Inflation in Türkiye is expected to fall sharply by the end of the year, according … Continue ReadingFund managers anticipate sharp decline in Turkish inflation
Categories Economy HIGHLIGHTS Türkiye increases customs duty on overseas purchases Cem CetingucPosted on8 August, 20248 August, 2024 Türkiye on Tuesday announced new measures by which it hiked the customs duty applied to … Continue ReadingTürkiye increases customs duty on overseas purchases
Categories Economy HIGHLIGHTS Morgan Stanley on Turkish economy: No Respite from Services Cem CetingucPosted on8 August, 20248 August, 2024 Despite a sharp decline in July inflation due to base effects, the underlying monthly inflation … Continue ReadingMorgan Stanley on Turkish economy: No Respite from Services
Categories Economy General HIGHLIGHTS Cetin Unsalan: Turkstat just admitted to cheating on inflation figures Atilla YeşiladaPosted on7 August, 2024 Cetin Unsalan is a veteran journalist covering non-financial economy, a YouTube creator and a regular … Continue ReadingCetin Unsalan: Turkstat just admitted to cheating on inflation figures
