Categories Economy HIGHLIGHTS Iran and Turkey: Sabotaging future economic prospects Cem CetingucPosted on30 May, 202430 May, 2024 Turkey and Iran are strategically located between East and West, but they are land, not … Continue ReadingIran and Turkey: Sabotaging future economic prospects
Categories Economy HIGHLIGHTS Monetary policy will not stoke inflation: Erdoğan Cem CetingucPosted on30 May, 2024 While addressing the Foreign Economic Relations Board, Turkish President Erdoğan has argued that the recently … Continue ReadingMonetary policy will not stoke inflation: Erdoğan
Categories Atilla Yeşilada Economy HIGHLIGHTS Turkey has 6 months to avert the next economic crisis–video commentary Atilla YeşiladaPosted on25 May, 2024 Turkey has 6 months to avert the next economic crisis On the face of it, … Continue ReadingTurkey has 6 months to avert the next economic crisis–video commentary
Categories Economy Finance HIGHLIGHTS ANALYSIS: CBRT stays on hold, but tightens via other measures Atilla YeşiladaPosted on24 May, 2024 Intro The Central Bank (CBRT) maintained the policy rate (50%) and the range between borrowing … Continue ReadingANALYSIS: CBRT stays on hold, but tightens via other measures
Categories Economy Finance HIGHLIGHTS HSBC Research: Sentiment for Turkey is positive, again Atilla YeşiladaPosted on22 May, 2024 After speaking with investors over the past two weeks… ◆ …we note a significant improvement … Continue ReadingHSBC Research: Sentiment for Turkey is positive, again
Categories Economy Finance HIGHLIGHTS BofA Turkey visit note: 1Q pessimism out summer optimism in Atilla YeşiladaPosted on22 May, 2024 Key takeaways Tighter policy and support for the new economic program has turned both locals … Continue ReadingBofA Turkey visit note: 1Q pessimism out summer optimism in
Categories Economy HIGHLIGHTS Inflation Outlook Improves: Minister Şimşek Cem CetingucPosted on20 May, 2024 The positive results of the economic program the government is implementing are reflected in inflation … Continue ReadingInflation Outlook Improves: Minister Şimşek
Categories Economy HIGHLIGHTS Simsek: Turkey to assess easing long term swap restrictions initially Güldem AtabayPosted on20 May, 202420 May, 2024 Treasury and Finance Minister Mehmet Şimşek said that they are working on a minimum corporate … Continue ReadingSimsek: Turkey to assess easing long term swap restrictions initially
Categories Economy HIGHLIGHTS Fiscal outlook deteriorates despite the robustness in tax revenues Atilla YeşiladaPosted on16 May, 2024 The central government budget posted a TL178bn deficit in April, while the 12-month rolling deficit … Continue ReadingFiscal outlook deteriorates despite the robustness in tax revenues
Categories Economy General HIGHLIGHTS Important revelations from Mehmet Simsek in Qatar Economic Forum Atilla YeşiladaPosted on16 May, 2024 Mehmet Simsek promised more fiscal austerity and structural reform from Qatar Economic Forum. His speech … Continue ReadingImportant revelations from Mehmet Simsek in Qatar Economic Forum
Categories Economy HIGHLIGHTS Number of paid employees increased by 2.6 percent annually Cem CetingucPosted on15 May, 2024 Number of paid employees including industry, construction, trade-services sectors increased by 2.6% in March 2024 … Continue ReadingNumber of paid employees increased by 2.6 percent annually
Categories Economy HIGHLIGHTS Garanti BBVA: What to think about Turkey’s current policy mix? Atilla YeşiladaPosted on14 May, 2024 The CBRT signals to remain tight as long as needed, while new fiscal measures signal … Continue ReadingGaranti BBVA: What to think about Turkey’s current policy mix?
Categories Economy HIGHLIGHTS Istanbul struggles as inflation and cost of living skyrocket Cem CetingucPosted on14 May, 2024 Business has been sluggish for Ismail Hakki, who owns a once-thriving clothing shop in Istanbul’s … Continue ReadingIstanbul struggles as inflation and cost of living skyrocket
Categories Economy General HIGHLIGHTS Turkey’s March unemployment rate falls to 8.6 percent Cem CetingucPosted on13 May, 2024 The unemployment rate in Türkiye dropped 0.1 percentage points month-over-month to 8.6% in March, official … Continue ReadingTurkey’s March unemployment rate falls to 8.6 percent
Categories Economy HIGHLIGHTS Turkish current account deficit: Towards the end of narrowing Atilla YeşiladaPosted on13 May, 2024 The current account in March posted a deficit of US$4.5bn, while the improvement in the … Continue ReadingTurkish current account deficit: Towards the end of narrowing
Categories Economy HIGHLIGHTS Şimşek’s ‘Austerity package’ is a declaration of intent, more is needed Güldem AtabayPosted on13 May, 2024 Treasury and Finance Minister Mehmet Şimşek and Vice President Cevdet Yılmaz announced the ‘public savings … Continue ReadingŞimşek’s ‘Austerity package’ is a declaration of intent, more is needed
Categories Economy HIGHLIGHTS Politics Şimşek to announce austerity measures on Monday: Here are the expectations Güldem AtabayPosted on10 May, 202411 May, 2024 Treasury and Finance Minister Mehmet Şimşek will announce a ‘comprehensive package’ in the coming days. … Continue ReadingŞimşek to announce austerity measures on Monday: Here are the expectations
Categories Economy HIGHLIGHTS Bloomberg: Turkey to unveil fiscal austerity plans next Monday Güldem AtabayPosted on9 May, 2024 According to sources familiar with the matter, Turkish authorities are preparing to unveil a set … Continue ReadingBloomberg: Turkey to unveil fiscal austerity plans next Monday
Categories Economy HIGHLIGHTS Cevdet Akçay: We do not expect inflation to exceed the upper band, if the transmission mechanism had not been strengthened, we would have had a hard landing in the economy Güldem AtabayPosted on9 May, 20249 May, 2024 Following the end of CBRT Governor Karahan’s presentation, the question and answer session started. Do … Continue ReadingCevdet Akçay: We do not expect inflation to exceed the upper band, if the transmission mechanism had not been strengthened, we would have had a hard landing in the economy
Categories Economy HIGHLIGHTS Turkey’s Central Bank raised its year-end inflation forecast… Güldem AtabayPosted on9 May, 2024 In the second Inflation Report presentation of the year, Central Bank Governor Fatih Karahan announced … Continue ReadingTurkey’s Central Bank raised its year-end inflation forecast…
