Categories Economy HIGHLIGHTS Turkey: Headline CPI surprises to the upside; core remains more benign Cem CetingucPosted on7 September, 2021 For the second time in a row, headline surprised to the upside and core surprised … Continue ReadingTurkey: Headline CPI surprises to the upside; core remains more benign
Categories Economy HIGHLIGHTS Government’s priority for 2022-2024 likely to be “GDP growth” Atilla YeşiladaPosted on7 September, 2021 The new economy program for 2022-2024 has been unveiled The medium-term program for the … Continue ReadingGovernment’s priority for 2022-2024 likely to be “GDP growth”
Categories Economy HIGHLIGHTS Politics Afghanistan: Turkish technical team begins work at Kabul airport Güldem AtabayPosted on6 September, 2021 A Turkish technical team arrived in Kabul last week to help efforts to reopen its airport for … Continue ReadingAfghanistan: Turkish technical team begins work at Kabul airport
Categories Economy HIGHLIGHTS Politics German elections and Turkey – Part 1: What do the party programs say? Güldem AtabayPosted on6 September, 2021 On 26 September, there will be national elections in Germany. In a series of columns … Continue ReadingGerman elections and Turkey – Part 1: What do the party programs say?
Categories Economy HIGHLIGHTS Turkey’s new Medium-Term Economic Program promises miracles Atilla YeşiladaPosted on6 September, 2021 The Erdogan administration unveiled its three-year economic policy guidelines, which is the most important and … Continue ReadingTurkey’s new Medium-Term Economic Program promises miracles
Categories Economy HIGHLIGHTS Moody’s raises Turkey 2021 GDP forecast Atilla YeşiladaPosted on5 September, 2021 Turkey’s 20+% growth spurt in 2Q2021 and strong data from summer months, is leading global … Continue ReadingMoody’s raises Turkey 2021 GDP forecast
Categories Economy HYPED BBVA Turkey: Consumer inflation rose to 19.25% Atilla YeşiladaPosted on4 September, 2021 Consumer prices increased by 1.12% in August, again being realized above expectations (BBVA Research 0.9%, … Continue ReadingBBVA Turkey: Consumer inflation rose to 19.25%
Categories Economy HIGHLIGHTS During pandemic, 3.6 million jobs lost in Turkey and gender inequality deepened Güldem AtabayPosted on3 September, 2021 “The Covid-19 epidemic, which began spreading around the world in early 2020 and is still … Continue ReadingDuring pandemic, 3.6 million jobs lost in Turkey and gender inequality deepened
Categories Economy HIGHLIGHTS Turkey heading for a rate cut despite rising CPI inflation Güldem AtabayPosted on3 September, 2021 Turkey’s consumer price inflation (CPI) rose 1.1% mom above expectations carrying the yoy CPI inflation … Continue ReadingTurkey heading for a rate cut despite rising CPI inflation
Categories Economy HIGHLIGHTS Reuters: Turkish central bank governor hints at rate cut, economists say Atilla YeşiladaPosted on3 September, 2021 Turkey’s central bank hinted on Wednesday it is nearing an interest rate cut during conference … Continue ReadingReuters: Turkish central bank governor hints at rate cut, economists say
Categories Economy HYPED Gedik Invest: Revising our 2021 GDP growth estimate to 8.3% from 5.2% Atilla YeşiladaPosted on2 September, 2021 2Q21 GDP growth reaches 21.7%, in line with expectations TurkStat announced that 2Q21 GDP … Continue ReadingGedik Invest: Revising our 2021 GDP growth estimate to 8.3% from 5.2%
Categories Economy HIGHLIGHTS Turkey’s PMI rises to 54.1 in August Güldem AtabayPosted on1 September, 2021 The latest PMI® survey signalled that the rebound following the loosening of COVID-19 restrictions continued … Continue ReadingTurkey’s PMI rises to 54.1 in August
Categories Economy HIGHLIGHTS Politics Erdoğan ally says Turkey’s election threshold ‘confirmed’ to be set to 7 pct as both AKP and MHP suport slide Güldem AtabayPosted on1 September, 2021 Devlet Bahçeli, leader of the far-right Nationalist Movement Party (MHP), said the ruling People’s Alliance … Continue ReadingErdoğan ally says Turkey’s election threshold ‘confirmed’ to be set to 7 pct as both AKP and MHP suport slide
Categories Economy General Güldem Atabay HIGHLIGHTS Evaluation of Turkey’s growth prospects Güldem AtabayPosted on1 September, 20211 September, 2021 As per the official figures Turkey’s 2Q21 GDP Growth was 21.7%. The 10.4% contraction in … Continue ReadingEvaluation of Turkey’s growth prospects
Categories Economy General Macro Snapshot: Foreign Trade Statistics, July 2021 Cem CetingucPosted on1 September, 2021 Foreign trade gave a deficit of USD4.3bn in July. According to TurkStat’s unadjusted data of … Continue ReadingMacro Snapshot: Foreign Trade Statistics, July 2021
Categories Economy General HIGHLIGHTS Politics MetroPoll: Erdoğan’s approval rating takes sharp fall Güldem AtabayPosted on29 August, 2021 Support for Turkish President Erdoğan’s performance in office declined by 10.1 percent in August, dropping … Continue ReadingMetroPoll: Erdoğan’s approval rating takes sharp fall
Categories Economy HIGHLIGHTS Economic Confidence Index rises to pre-pandemic peak in August Güldem AtabayPosted on27 August, 2021 Economic confidence index which was 100.1 in July increased by 0.7% in August to 100.8. … Continue ReadingEconomic Confidence Index rises to pre-pandemic peak in August
Categories Economy Politics Japan loans 410 million dollars to Turkey for Syrian refugees Cem CetingucPosted on27 August, 2021 At a meeting in Istanbul with Turkish Foreign Minister Mevlüt Çavuşoğlu last Friday, Japanese Foreign … Continue ReadingJapan loans 410 million dollars to Turkey for Syrian refugees
Categories Economy Finance Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on27 August, 202127 August, 2021 In August, manufacturing CUR, RSCI and sectoral confidence indices recorded increases. Seasonally adjusted (SA) Capacity … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
Categories Economy HIGHLIGHTS Oversized revisions cast doubt on Turkish stats Atilla YeşiladaPosted on27 August, 2021 Turkey’s central bank has revised some of its data compilation methods and definitions, as a … Continue ReadingOversized revisions cast doubt on Turkish stats
