Categories Business Economy Retail sales volume increased by 19.2 percent annually Cem CetingucPosted on11 May, 202111 May, 2021 Retail sales volume with constant prices (2015=100) increased by 19.2% in March 2021 compared with … Continue ReadingRetail sales volume increased by 19.2 percent annually
Categories Economy HIGHLIGHTS Politics Turkish FM Çavuşoğlu in Saudi Arabia for talks to mend ties, Jerusalem clashes rise Güldem AtabayPosted on10 May, 2021 Turkish Foreign Minister Mevlüt Çavuşoğlu arrived in Saudi Arabia on May 10 for a two-day … Continue ReadingTurkish FM Çavuşoğlu in Saudi Arabia for talks to mend ties, Jerusalem clashes rise
Categories Economy HIGHLIGHTS Turkey’s construction cost index up 32 percent in 12 months Güldem AtabayPosted on10 May, 202110 May, 2021 In March 2021, Turkey’s construction cost index (CCI) increased by 3.44% mom and carried the … Continue ReadingTurkey’s construction cost index up 32 percent in 12 months
Categories Economy HIGHLIGHTS Turkey’s March unemployment rate down thanks to ease of lockdowns Güldem AtabayPosted on10 May, 2021 Turkish unemployment declined to 13.1 percent in Marchfrom 13.2 percent a month ago following the … Continue ReadingTurkey’s March unemployment rate down thanks to ease of lockdowns
Categories Economy General HIGHLIGHTS Turkish research group faces criminal charges over inflation data Güldem AtabayPosted on10 May, 2021 Turkey’s statistics agency TUIK filed a criminal complaint against a group of local researchers publishing … Continue ReadingTurkish research group faces criminal charges over inflation data
Categories Economy Emerging Markets Axios: Asia faces massive new COVID surge Atilla YeşiladaPosted on10 May, 2021 Several Asian countries are facing new coronavirus waves, with some struggling to keep up with … Continue ReadingAxios: Asia faces massive new COVID surge
Categories Economy HIGHLIGHTS No rate cut but the smell of it… Güldem AtabayPosted on6 May, 2021 Turkey’s central bank kept its benchmark interest rate unchanged for a second meeting on Thursday … Continue ReadingNo rate cut but the smell of it…
Categories Business Company & Industry Economy EBRD & Turkey agreed to boost innovation in competitive sectors Cem CetingucPosted on6 May, 2021 The European Bank for Reconstruction and Development (EBRD) and Turkey have agreed to boost innovation … Continue ReadingEBRD & Turkey agreed to boost innovation in competitive sectors
Categories Economy HIGHLIGHTS Markets Turkey Central Bank: No rate change expected today Atilla YeşiladaPosted on6 May, 2021 Turkey’s central bank (CBRT) is expected to keep its interest rates steady for the second … Continue ReadingTurkey Central Bank: No rate change expected today
Categories Economy General HIGHLIGHTS Politics MetroPoll: Main opposition party CHP most popular among first time GenZ voters Güldem AtabayPosted on4 May, 20214 May, 2021 Metropoll April Survey results showed that among the first-time voters out of the GenZ, Turkey’s main … Continue ReadingMetroPoll: Main opposition party CHP most popular among first time GenZ voters
Categories Economy General Politics Turkey bars supermarkets from selling goods other than “basic needs” Güldem AtabayPosted on4 May, 2021 Turkey’s government barred supermarkets from selling some goods to customers after it tightened a lockdown … Continue ReadingTurkey bars supermarkets from selling goods other than “basic needs”
Categories Economy HIGHLIGHTS Turkey: PMI down, inflation up… Güldem AtabayPosted on3 May, 2021 Turkey’s April PMI survey data reading is 50.4 down from the March level of 52.6; … Continue ReadingTurkey: PMI down, inflation up…
Categories Business Economy Reuters Analysis: Prospects fading, Turkey hopes lockdown rescues tourism season Atilla YeşiladaPosted on3 May, 2021 By Canan Sevgili and Berna Suleymanoglu ISTANBUL (Reuters) – Turkey’s tourism sector faces another … Continue ReadingReuters Analysis: Prospects fading, Turkey hopes lockdown rescues tourism season
Categories Economy Finance JP Morgan: Governor Kavcioglu’s hawkish tone reduces the risk of premature easing Atilla YeşiladaPosted on1 May, 2021 By Yarkin Cebeci In the first inflation report briefing of his term, CBRT’s newly-appointed … Continue ReadingJP Morgan: Governor Kavcioglu’s hawkish tone reduces the risk of premature easing
Categories Economy HIGHLIGHTS Politics Turkey’s Managament Crisis: Turkey Reverses New Rule on Dishonored Checks After Criticism Güldem AtabayPosted on30 April, 2021 Turkey’s government on Friday reversed measures meant to prevent an explosion in the number of … Continue ReadingTurkey’s Managament Crisis: Turkey Reverses New Rule on Dishonored Checks After Criticism
Categories Economy HIGHLIGHTS Turkey’s tourism earnings down by 40 percent in first quarter Güldem AtabayPosted on30 April, 202130 April, 2021 Turkey’s tourism revenues slid by 40% annually in the first quarter of 2021 as per … Continue ReadingTurkey’s tourism earnings down by 40 percent in first quarter
Categories Economy Güldem Atabay HIGHLIGHTS Güldem Atabay: Turkey’s neurotic monetary policy Güldem AtabayPosted on30 April, 2021 Şahap Kavcıoğlu, the third central bank governor in less than three years, presented Turkey’s second … Continue ReadingGüldem Atabay: Turkey’s neurotic monetary policy
Categories Economy General Markets China offical PMI’s weaken in April Cem CetingucPosted on30 April, 2021 A gauge of China’s manufacturing industry slipped in April and the services sector also weakened, … Continue ReadingChina offical PMI’s weaken in April
Categories Economy General HIGHLIGHTS HYPED Politics Murat Yetkin: Turkey became a land of privileges and double standards Güldem AtabayPosted on29 April, 2021 President Tayyip Erdoğan’s Turkey is turning into a country of privileges and double standards, with … Continue ReadingMurat Yetkin: Turkey became a land of privileges and double standards
Categories Economy CNBC.com: Turkey’s 3rd lockdown hallows out her economy Atilla YeşiladaPosted on29 April, 2021 Turkey is buckling down for a three-week full lockdown beginning Thursday, as a third wave … Continue ReadingCNBC.com: Turkey’s 3rd lockdown hallows out her economy