Categories Economy General Epidemic fuels fear of economic crisis Atilla YeşiladaPosted on18 June, 202019 June, 2020 Despite the efforts and measures for normalization of the economy, citizens began to see Turkey’s … Continue ReadingEpidemic fuels fear of economic crisis
Categories Economy Turkish Minister: Real sector recovery speeding up Atilla YeşiladaPosted on17 June, 202017 June, 2020 Leading sectors like automotive, textile, furniture rejuvenating with confidence in growing economy, says industry minister … Continue ReadingTurkish Minister: Real sector recovery speeding up
Categories Economy Emerging Markets Bloomberg: Turkey is struggling to undo lockdown damage Editor P.A.Posted on16 June, 202018 June, 2020 Once the growth engine of Turkey’s $750 billion economy, consumers are setting their sights lower … Continue ReadingBloomberg: Turkey is struggling to undo lockdown damage
Categories Economy Morgan Stanley: On a delicate balance stands Turkey’s economy Atilla YeşiladaPosted on16 June, 202016 June, 2020 In Morgan Stanley’s Sunday “Mid-Year Global Macro Outlook” report, the investment bank expressed dim prospects … Continue ReadingMorgan Stanley: On a delicate balance stands Turkey’s economy
Categories Economy Turkish consumers slowly regaining confidence, reports BloombergHT survey Atilla YeşiladaPosted on16 June, 202018 June, 2020 Turkey has two consumer confidence indices. The official one is published monthly by data collection … Continue ReadingTurkish consumers slowly regaining confidence, reports BloombergHT survey
Categories Economy Emerging Markets Finance Turkey’s central bank: priority on production and government finances Editor P.A.Posted on16 June, 202018 June, 2020 The central bank of Turkey governor Uysal in his speech at the 12th International Conference … Continue ReadingTurkey’s central bank: priority on production and government finances
Categories Economy Emerging Markets Turkey’s home sales slump again Editor P.A.Posted on15 June, 202017 June, 2020 Sales of homes in Turkey fell sharply for the second consecutive month in May as … Continue ReadingTurkey’s home sales slump again
Categories Economy Emerging Markets Finance Turkey’s dismal fiscal performance that began long before COVID-19 Editor P.A.Posted on15 June, 202017 June, 2020 What goes around comes around to Turkey as well in terms of a rapidly widening … Continue ReadingTurkey’s dismal fiscal performance that began long before COVID-19
Categories Economy Turkey: Contraction in production deepens in April Atilla YeşiladaPosted on15 June, 202017 June, 2020 Cover chart: Industrial Production, April 2020, seasonally adjusted, 3-mth moving average By Ali Batuhan Barlas … Continue ReadingTurkey: Contraction in production deepens in April
Categories Economy Turkey’s old nemesis, current account deficits return with vengeance Atilla YeşiladaPosted on13 June, 202015 June, 2020 In April, the current account deficit (CAD) was reported as $5.1 billion which is approximately … Continue ReadingTurkey’s old nemesis, current account deficits return with vengeance
Categories Economy OECD comes up with two scenarios for Turkey, bad and worse Atilla YeşiladaPosted on12 June, 202014 June, 2020 OECD: Unless there is a 2nd wave of the virus, Turkey will be shrinking 4.8 … Continue ReadingOECD comes up with two scenarios for Turkey, bad and worse
Categories Economy As Covid cases rise, growth forecasts become gloomier Atilla YeşiladaPosted on12 June, 202012 June, 2020 Turkey has managed to stabilize daily Covid-19 cases in high triple-digits, but three members of … Continue ReadingAs Covid cases rise, growth forecasts become gloomier
Categories Economy Emerging Markets General Politics Erdogan rules out early elections; modifies the election code to stop the newfound opposition parties Editor P.A.Posted on11 June, 202014 June, 2020 President Recep Tayyip Erdoğan has ruled out months-long rumors on early elections, saying that all … Continue ReadingErdogan rules out early elections; modifies the election code to stop the newfound opposition parties
Categories Economy Politics Turkey: From Health Crisis to Political Turbulence Atilla YeşiladaPosted on10 June, 202012 June, 2020 Turkey is yet to get over its Covid-19 pandemic, with daily cases rising as quarantines … Continue ReadingTurkey: From Health Crisis to Political Turbulence
Categories Economy ANALYSIS: Turkish foreign trade dynamics Atilla YeşiladaPosted on9 June, 20209 June, 2020 According to Turkish Exporters Assembly (TİM), exports increased by 7.6% to 9 billion dollars in … Continue ReadingANALYSIS: Turkish foreign trade dynamics
Categories Economy Emerging Markets Iranian Trucks Resume Border Trade With Turkey Editor P.A.Posted on8 June, 20208 June, 2020 Some 150 Iranian trucks entered Turkey on Thursday after the reopening of customs gates between … Continue ReadingIranian Trucks Resume Border Trade With Turkey
Categories Economy BBVA Turkey: Worst for GDP may already be over Atilla YeşiladaPosted on6 June, 20207 June, 2020 Ali Batuhan Barlas / Adem Ileri / Seda Guler Mert / Alvaro Ortiz Turkish Economy … Continue ReadingBBVA Turkey: Worst for GDP may already be over
Categories Economy Minister Albayrak: First priority is not the budget, but unemployment Atilla YeşiladaPosted on6 June, 20206 June, 2020 Amidst efforts to revive economic activity and shield employment and sectors affected by the coronavirus … Continue ReadingMinister Albayrak: First priority is not the budget, but unemployment
Categories Economy Is Bank Research: Data highlights for Turkish Economy Atilla YeşiladaPosted on6 June, 20209 June, 2020 Turkey’s first quarter growth announced at the end of May signaled that the economic impact … Continue ReadingIs Bank Research: Data highlights for Turkish Economy
Categories Economy Standard Chartered downgrades Turkey growth outlook Atilla YeşiladaPosted on5 June, 20205 June, 2020 Double-dip recession Turkey’s economy grew a robust 4.5% y/y in Q1 as it continued to … Continue ReadingStandard Chartered downgrades Turkey growth outlook
