Categories Economy HIGHLIGHTS ANALYSIS: CBRT likely to remain cautious after July’s CPI inflation print Atilla YeşiladaPosted on5 August, 2024 July CPI inflation rate came in at 3.23% MoM, while the annual CPI inflation rate … Continue ReadingANALYSIS: CBRT likely to remain cautious after July’s CPI inflation print
Categories Economy HIGHLIGHTS Turkey sets record for July exports as trade deficit shrinks Cem CetingucPosted on2 August, 2024 Turkish exporters’ shipments reached a record high in July, a top official said on Friday, … Continue ReadingTurkey sets record for July exports as trade deficit shrinks
Categories Economy HIGHLIGHTS Istanbul’s July inflation figure very high though with the base year effect 12 month inflation slides Güldem AtabayPosted on1 August, 20241 August, 2024 Istanbul’s inflation increased by 4.21 percent on a monthly basis in July. Annual inflation fell … Continue ReadingIstanbul’s July inflation figure very high though with the base year effect 12 month inflation slides
Categories Economy HIGHLIGHTS Following electricity, natural gas prices were raised by 38 percent effective from today Güldem AtabayPosted on1 August, 2024 BOTAŞ announced that as of August, the wholesale price of natural gas for residential use … Continue ReadingFollowing electricity, natural gas prices were raised by 38 percent effective from today
Categories Economy HIGHLIGHTS Signs are increasing, Turkey’s economy is contracting Güldem AtabayPosted on1 August, 2024 MUSIAD: SAMEKS Composite Index decreased by 9.3 points to 45.6 in July In July 2024, … Continue ReadingSigns are increasing, Turkey’s economy is contracting
Categories Atilla Yeşilada Economy HIGHLIGHTS Politics Atilla Yesilada: Fed rate cuts will be very good for Turkish economy Atilla YeşiladaPosted on31 July, 2024 I woke up to news of Ismael Haniyeh’s assassination presumably by Israeli forces; and finishing … Continue ReadingAtilla Yesilada: Fed rate cuts will be very good for Turkish economy
Categories Economy HIGHLIGHTS CBRT rate decision summary published: ‘Tight stance’ message repeated Güldem AtabayPosted on30 July, 2024 CBRT published the summary of the July 23rd Monetary Policy Committee (MPC) meeting. The inflation-related … Continue ReadingCBRT rate decision summary published: ‘Tight stance’ message repeated
Categories Economy HIGHLIGHTS Reuters survey announced: Economists’ inflation forecasts for July Güldem AtabayPosted on30 July, 2024 Reuters’ survey of expectations for July inflation data to be announced by the Turkish Statistical … Continue ReadingReuters survey announced: Economists’ inflation forecasts for July
Categories Economy HIGHLIGHTS The slide in Turkey’s economic confidence index continued in July Güldem AtabayPosted on30 July, 2024 According to the Turkish Statistical Institute (TurkStat), the economic confidence index decreased by 1.5 percent … Continue ReadingThe slide in Turkey’s economic confidence index continued in July
Categories Economy HIGHLIGHTS Politics Traces of 35 tons of cocaine smuggling in Germany lead to Turkey Güldem AtabayPosted on30 July, 2024 The details of the operation in which 35 and a half tons of cocaine was … Continue ReadingTraces of 35 tons of cocaine smuggling in Germany lead to Turkey
Categories Economy General HIGHLIGHTS Turkey’s population will fall below from the current 85 million to 77 million in 2100 Güldem AtabayPosted on30 July, 2024 Turkish Statistical Institute (TurkStat) has renewed its population projections for the period between 2023 and … Continue ReadingTurkey’s population will fall below from the current 85 million to 77 million in 2100
Categories Economy HIGHLIGHTS Turkey returns $5bn deposit to Riyadh as economic reforms yield results Cem CetingucPosted on29 July, 2024 Yesterday the Central Bank of Turkey confirmed that it had returned a $5 billion deposit … Continue ReadingTurkey returns $5bn deposit to Riyadh as economic reforms yield results
Categories Economy HIGHLIGHTS Think tank predicts economy shrank in the second quarter Güldem AtabayPosted on29 July, 202429 July, 2024 BETAM announced its growth expectation for the second quarter of 2024. The institution expects the … Continue ReadingThink tank predicts economy shrank in the second quarter
Categories Economy HIGHLIGHTS Tax bill passed, other bills to follow Güldem AtabayPosted on29 July, 2024 The tax bill submitted to the agenda of the Turkish Grand National Assembly has been … Continue ReadingTax bill passed, other bills to follow
Categories Economy HIGHLIGHTS Turkey’s inflation expectations are “out of this world”! Atilla YeşiladaPosted on28 July, 2024 Turkey is one of those countries where official data are released to confound, rather than … Continue ReadingTurkey’s inflation expectations are “out of this world”!
Categories Economy HIGHLIGHTS Turkish economy slowing down in summer months, inflation to follow Atilla YeşiladaPosted on28 July, 2024 Akbank Economic Research team examined the series of macro-economic indicators published last week. According to … Continue ReadingTurkish economy slowing down in summer months, inflation to follow
Categories Economy HIGHLIGHTS Turkish central bank’s normalization steps on much debated swap transactions Güldem AtabayPosted on25 July, 2024 In response to the low interest rate policy implemented in the run-up to last year’s … Continue ReadingTurkish central bank’s normalization steps on much debated swap transactions
Categories Economy HIGHLIGHTS Politics Kurdish dilemma in Turkey’s foreign policy as Erdoğan tries reconnecting with Esad Güldem AtabayPosted on24 July, 2024 For the foreseeable future, we can assume that the stance on the Kurdish issue will … Continue ReadingKurdish dilemma in Turkey’s foreign policy as Erdoğan tries reconnecting with Esad
Categories Economy HIGHLIGHTS Turkey’s central bank kills talk of an early rate cut Güldem AtabayPosted on23 July, 2024 Turkish Central Bank’s Monetary Policy Committee left the policy rate, the one-week repo auction interest … Continue ReadingTurkey’s central bank kills talk of an early rate cut
Categories Economy HIGHLIGHTS July survey shows continued improvement in inflation expectations Cem CetingucPosted on22 July, 2024 Inflation expectations for the end of 2024 declined from 43.52 percent in June to 42.95 percent … Continue ReadingJuly survey shows continued improvement in inflation expectations
